1 South StGlenvilleWV26351
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 Glenville at 1 South St, Glenville, WV, 26351 offers $1,237/mo rent that, after a $734/mo payment, leaves $369/mo cash flow. Total monthly income is $1,237/mo, and annual cash flow is $4,431/yr on $49,725 cash. Return on cash invested measures 28.82% in year one, and rental yield stands at 9.9% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 150.14% and total cumulative return in cash reaches $74,658. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,237/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
4,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26351, Glenville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 717 (50.7%) |
| Renter Occupied HU | 452 (32.0%) |
| Vacant Housing Units | 244 (17.3%) |
| Median Home Value | $99,700 |
| Average Home Value | $136,813 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,280
Multi-Family
16
Businesses
173
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Nearby investment properties with comparable prices
Listed by: Kate Garton • GARTON REAL ESTATE GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10153048
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