10269 Greenville RdBallardWV24918
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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 Ballard at 10269 Greenville Rd, Ballard, WV, 24918 listed at $515,000 pairs $3,069/mo rent with a $2,521/mo payment to leave $89/mo cash flow. Total monthly income runs $3,069/mo, and annual cash flow reaches $1,066/yr on $169,435 cash to close. Return on cash invested measures 20.69% in year one, and rental yield registers 7.15% at a $515,000 basis. Equity gained on principal adds $3,323/yr, and annual property appreciation at 5% supports $142,285 by year five. Five-year ROI tracks 106.46% and total cumulative return in cash totals $180,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,069/mo property income relative to a $2,521/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2007
19.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24918, Ballard, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 725 (100%) |
| Owner Occupied HU | 496 (68.4%) |
| Renter Occupied HU | 126 (17.4%) |
| Vacant Housing Units | 103 (14.2%) |
| Median Home Value | $163,514 |
| Average Home Value | $191,472 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
574
Multi-Family
0
Businesses
7
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Listed by: Joyce Surbaugh • TOM JOHNSON REAL ESTATE, INC T/A STUART AND WATTS REAL ESTATE
Mls Name: My State MLS
Mls ID: #11436620