900 Lyndale AveBluefieldWV24701
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Bluefield at 900 Lyndale Ave, Bluefield, WV, 24701 priced at $239,000 converts $954/mo rent into after a $1,170/mo obligation. Total monthly income equals $954/mo. Return on cash invested prints 13.41% in year one, and rental yield reads 4.79% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. Five-year ROI reaches 67.46% and total cumulative return in cash sums $53,448. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $954/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1951
1.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24701, Bluefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,115 (100%) |
| Owner Occupied HU | 5,568 (55.0%) |
| Renter Occupied HU | 2,734 (27.0%) |
| Vacant Housing Units | 1,813 (17.9%) |
| Median Home Value | $111,471 |
| Average Home Value | $151,349 |
Housing Distribution
Address Breakdown
Residential
9,094
Single Family
8,668
Multi-Family
426
Businesses
776
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Listed by: AMANDA WRIGHT • COUNTRY ROADS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55410