103 Morningside Dr, Elkview, WV, 25071 | $1,052/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkview at 103 Morningside Dr, Elkview, WV, 25071 offers $2,372/mo rent that, after a $1,112/mo payment, leaves $1,052/mo cash flow. Total monthly income is $2,372/mo, and annual cash flow is $12,630/yr on $75,296 cash. Return on cash invested measures 36.68% in year one, and rental yield stands at 12.53% at a $227,136 entry. Equity gained on principal adds $1,466/yr while 5% annual appreciation compounds into $62,753 by year five. Five-year ROI records 192.32% and total cumulative return in cash reaches $144,812. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,372/mo property income versus a $1,112/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1972

N/A lot

$N/A/sqft

$60 annually HOA