901 Frederick StBluefieldWV24701
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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
Investment property for sale in Bluefield at 901 Frederick St, Bluefield, WV, 24701 at $104,900 posts ROI 32.52% with $365/mo cash flow from $974/mo rent. Total monthly income equals $974/mo, and annual cash flow records $4,385/yr on $34,774 to close. Return on cash invested measures 32.52% and rental yield reads 11.14% at the current $104,900. Equity gained on principal adds $677/yr, and 5% annual appreciation supports $28,982 by year five. Five-year ROI prints 170.04% and total cumulative return in cash totals $59,130.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $974/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1941
7,840 sqft 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: S. Michelle Mickel • REMAX PLATINUM REALTY
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54617
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.