0 Lakeview DrHornerWV26372
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
Rental property for sale in Horner at 0 Lakeview Dr, Horner, WV, 26372 generates $1,044/mo in rent and, after a $710/mo payment, leaves $38/mo in cash flow. Total monthly income is $1,044/mo, and annual cash flow is $456/yr on $48,068 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 8.64% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 109.04% and total cumulative return in cash sums $52,412. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,044/mo property income rather than buyer’s personal income.
Lot
Built in N/A
19.12 Acres lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26372, Horner, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 227 (72.1%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 50 (15.9%) |
| Median Home Value | $305,357 |
| Average Home Value | $316,013 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
20
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Nearby investment properties with comparable prices
Listed by: Justin Hill • RE/MAX TAKE ME HOME
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156215
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST