1 Knapp StElkinsWV26241
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 Elkins at 1 Knapp St, Elkins, WV, 26241 earns $234/mo cash flow from $1,385/mo rent with a $974/mo payment. Total monthly income totals $1,385/mo, and annual cash flow totals $2,803/yr on $65,969 capital. ROI tracks 24.16% on current figures, and rental yield reads 8.35% at a $199,000 purchase. Equity gained on principal adds $1,284/yr, and 5% annual appreciation supports $54,980 over five years. Five-year ROI reaches 125.12% and total cumulative return in cash sums $82,542. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,385/mo property income instead of your personal income.
Single Family
Built in 1945
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26241, Elkins, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,733 (100%) |
| Owner Occupied HU | 3,834 (56.9%) |
| Renter Occupied HU | 1,986 (29.5%) |
| Vacant Housing Units | 913 (13.6%) |
| Median Home Value | $160,805 |
| Average Home Value | $197,956 |
Housing Distribution
Address Breakdown
Residential
6,290
Single Family
6,090
Multi-Family
200
Businesses
848
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Listed by: CHRISTOPHER PUDDER • HOUSE HUNTERS REAL ESTATE, LLC
Mls Name: NCWV REIN
Mls ID: #10162637