104 Midway LoopElkinsWV26241
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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 104 Midway Loop, Elkins, WV, 26241 listed at $648,000 pairs $1,975/mo rent with a $3,172/mo payment. Total monthly income runs $1,975/mo. Return on cash invested measures 10.07% in year one, and rental yield registers 3.66% at a $648,000 basis. Equity gained on principal adds $4,181/yr, and annual property appreciation at 5% supports $179,030 by year five. Five-year ROI tracks 49.53% and total cumulative return in cash totals $105,598. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,975/mo property income relative to a $3,172/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1984
37.29 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: CARRIE LYNN • EXP REALTY, LLC
Mls Name: NCWV REIN
Mls ID: #10162858