1000 Hedrick RdSinks GroveWV24976
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 Sinks Grove at 1000 Hedrick Rd, Sinks Grove, WV, 24976 at $269,900 posts ROI 22.31% with $179/mo cash flow from $1,741/mo rent. Total monthly income equals $1,741/mo, and annual cash flow records $2,152/yr on $89,472 to close. Return on cash invested measures 22.31% and rental yield reads 7.74% at the current $269,900. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,568 by year five. Five-year ROI prints 115.24% and total cumulative return in cash totals $103,110.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,741/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1999
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24976, Sinks Grove, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 425 (100%) |
| Owner Occupied HU | 323 (76.0%) |
| Renter Occupied HU | 46 (10.8%) |
| Vacant Housing Units | 56 (13.2%) |
| Median Home Value | $152,009 |
| Average Home Value | $256,912 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
12
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Listed by: Robert E. Bittinger Jr. • Coldwell Banker Stuart and Watts Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1619
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.