1006 Garretts Fork RdChapmanvilleWV25508
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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 Chapmanville at 1006 Garretts Fork Rd, Chapmanville, WV, 25508 offers a 12.92% rental yield on a $220,000 purchase with $2,368/mo rent. Total monthly income registers $2,368/mo, and a $1,077/mo payment leaves $1,095/mo available for distribution. Annual cash flow reaches $13,138/yr on $72,930 to close, and return on cash invested stands at 37.92% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Portfolio math shows five-year ROI at 198.91% and total cumulative return in cash at $145,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,368/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25508, Chapmanville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,541 (100%) |
| Owner Occupied HU | 3,123 (68.8%) |
| Renter Occupied HU | 852 (18.8%) |
| Vacant Housing Units | 566 (12.5%) |
| Median Home Value | $138,771 |
| Average Home Value | $168,402 |
Housing Distribution
Address Breakdown
Residential
2,589
Single Family
2,501
Multi-Family
88
Businesses
166
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Nearby investment properties with comparable prices
Listed by: Nicholas Cabell • Boone Realty, LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #278063
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.