103 Hickory StBuckhannonWV26201
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
Rental property for sale in Buckhannon at 103 Hickory St, Buckhannon, WV, 26201 priced at $479,000 converts $2,270/mo rent into after a $2,344/mo obligation. Total monthly income equals $2,270/mo. Return on cash invested prints 16.12% in year one, and rental yield reads 5.69% against a $479,000 entry. Equity gained on principal adds $3,091/yr, while 5% annual appreciation compiles into $132,339 by year five. Five-year ROI reaches 82% and total cumulative return in cash sums $130,203. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,270/mo property income covering a $2,344/mo payment, not borrower’s personal income.
Single Family
Built in 1998
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26201, Buckhannon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,510 (62.3%) |
| Renter Occupied HU | 2,222 (25.1%) |
| Vacant Housing Units | 1,118 (12.6%) |
| Median Home Value | $168,934 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
8,166
Single Family
7,989
Multi-Family
177
Businesses
757
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charlene Strader • COUNTRY ROADS REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155816
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST