911 Hale AvePrincetonWV24740
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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 Princeton at 911 Hale Ave, Princeton, WV, 24740 uses $54,664 cash to close to unlock $2,880/yr annual cash flow and $240/mo monthly cash flow. Total monthly income runs $1,194/mo, and a $807/mo payment keeps the spread at $240/mo. Purchase price stands at $164,900, and rental yield measures 8.69% with $1,194/mo rent. Return on cash invested shows 25.18% in year one, and 5% annual appreciation builds toward $45,559 over five years. Five-year ROI reaches 130.56% and total cumulative return in cash records $71,368. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,194/mo property income covering a $807/mo payment rather than investor’s personal income.
Single Family
Built in 1952
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24740, Princeton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,005 (100%) |
| Owner Occupied HU | 4,356 (54.4%) |
| Renter Occupied HU | 2,671 (33.4%) |
| Vacant Housing Units | 978 (12.2%) |
| Median Home Value | $148,519 |
| Average Home Value | $163,699 |
Housing Distribution
Address Breakdown
Residential
7,351
Single Family
6,828
Multi-Family
523
Businesses
864
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Listed by: WILLIAM JACKSON CROTTY JR • RIVERMONT REALTY GROUP, LLC
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55735