10 Oak StRidgeleyWV26753
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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 Ridgeley at 10 Oak St, Ridgeley, WV, 26753 offers a 10.59% rental yield on a $248,625 purchase with $2,195/mo rent. Total monthly income registers $2,195/mo, and a $1,217/mo payment leaves $731/mo available for distribution. Annual cash flow reaches $8,776/yr on $82,419 to close, and return on cash invested stands at 30.56% in year one. Equity gained on principal adds $1,604/yr while 5% annual appreciation supports $68,691 over five years. Portfolio math shows five-year ROI at 159.59% and total cumulative return in cash at $131,530. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,195/mo property income against a $1,217/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
0.41 Acres lot
$N/A/sqft
$25 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26753, Ridgeley, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,934 (100%) |
| Owner Occupied HU | 2,274 (77.5%) |
| Renter Occupied HU | 445 (15.2%) |
| Vacant Housing Units | 215 ( 7.3%) |
| Median Home Value | $238,770 |
| Average Home Value | $315,654 |
Housing Distribution
Address Breakdown
Residential
2,352
Single Family
2,352
Multi-Family
0
Businesses
116
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