924 2nd AveMarlintonWV24954
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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 Marlinton at 924 2nd Ave, Marlinton, WV, 24954 uses $61,328 cash to close to unlock $4,237/yr annual cash flow and $353/mo monthly cash flow. Total monthly income runs $1,423/mo, and a $905/mo payment keeps the spread at $353/mo. Purchase price stands at $185,000, and rental yield measures 9.23% with $1,423/mo rent. Return on cash invested shows 26.82% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 139.44% and total cumulative return in cash records $85,515. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,423/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,640 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24954, Marlinton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,098 (100%) |
| Owner Occupied HU | 1,114 (53.1%) |
| Renter Occupied HU | 299 (14.3%) |
| Vacant Housing Units | 685 (32.7%) |
| Median Home Value | $154,209 |
| Average Home Value | $194,069 |
Housing Distribution
Address Breakdown
Residential
1,584
Single Family
1,568
Multi-Family
16
Businesses
180
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Listed by: Cheryl D. Dean • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-987