104 Short 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 104 Short St, Elkins, WV, 26241 listed at $139,500 pairs $1,074/mo rent with a $683/mo payment to leave $267/mo cash flow. Total monthly income runs $1,074/mo, and annual cash flow reaches $3,199/yr on $46,244 cash to close. Return on cash invested measures 26.83% in year one, and rental yield registers 9.24% at a $139,500 basis. Equity gained on principal adds $900/yr, and annual property appreciation at 5% supports $38,541 by year five. Five-year ROI tracks 139.45% and total cumulative return in cash totals $64,485. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,074/mo property income relative to a $683/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
5,998 sqft 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: LANNY A PROPST • PROPST REALTY
Mls Name: NCWV REIN
Mls ID: #10162155