1010 W Central StElkinsWV26241
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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 Elkins at 1010 W Central St, Elkins, WV, 26241 uses $107,738 cash to close to unlock $1,527/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $2,008/mo, and a $1,591/mo payment keeps the spread at $127/mo. Purchase price stands at $325,000, and rental yield measures 7.41% with $2,008/mo rent. Return on cash invested shows 21.33% in year one, and 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 109.93% and total cumulative return in cash records $118,441. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,008/mo property income covering a $1,591/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 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: TOM THACKER • COUNTRY ROADS REALTY, DIV OF UPSHUR AGENCY, INC
Mls Name: NCWV REIN
Mls ID: #10162888