0 Knobley RdNew CreekWV26743
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 New Creek at 0 Knobley Rd, New Creek, WV, 26743 with 5% annual appreciation on a $999,500 basis while $1,351/mo rent supports operations. 89% in year one. Equity gained on principal adds $6,450/yr, and five-year appreciation sums $276,143 alongside rental yield of 1.62%. Five-year ROI measures 16.35% and total cumulative return in cash totals $53,751. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,351/mo property income versus a $4,892/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
271.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26743, New Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 505 (73.6%) |
| Renter Occupied HU | 76 (11.1%) |
| Vacant Housing Units | 105 (15.3%) |
| Median Home Value | $259,034 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
23
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Listed by: Chad Haywood • The Mike Haywood Group
Mls Name: Bright MLS
Mls ID: #WVGT2001220