1046 Island RdBelingtonWV26250
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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
Rental property for sale in Belington at 1046 Island Rd, Belington, WV, 26250 priced at $529,000 pairs $1,260/mo rent with after a $2,589/mo payment. Total monthly income equals $1,260/mo. Return on cash invested is 7.64% in year one, and rental yield stands at 2.86% on a $529,000 basis. Equity gained on principal adds $3,414/yr, and 5% annual appreciation accumulates to $146,153 by year five. Five-year ROI measures 36.53% and total cumulative return in cash reaches $63,569. For financing, Ziffy Mortgage’s DSCR program evaluates $1,260/mo property income against a $2,589/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2019
115 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26250, Belington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,405 (100%) |
| Owner Occupied HU | 1,669 (69.4%) |
| Renter Occupied HU | 466 (19.4%) |
| Vacant Housing Units | 270 (11.2%) |
| Median Home Value | $107,341 |
| Average Home Value | $143,042 |
Housing Distribution
Address Breakdown
Residential
2,042
Single Family
2,004
Multi-Family
38
Businesses
124
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Listed by: Rhonda Robinson • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156922
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 2025-02-18 10:43:47 PST