1056 Pinoak RdLashmeetWV24733
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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 Lashmeet at 1056 Pinoak Rd, Lashmeet, WV, 24733 generates $1,129/mo in rent and, after a $587/mo payment, leaves $435/mo in cash flow. Total monthly income is $1,129/mo, and annual cash flow is $5,220/yr on $39,780 invested. Return on cash invested sits at 33.03% in year one, and rental yield is 11.29% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 172.69% and total cumulative return in cash sums $68,695. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,129/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24733, Lashmeet, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 183 (68.8%) |
| Renter Occupied HU | 43 (16.2%) |
| Vacant Housing Units | 40 (15.0%) |
| Median Home Value | $113,750 |
| Average Home Value | $185,410 |
Housing Distribution
Address Breakdown
Residential
191
Single Family
191
Multi-Family
0
Businesses
13
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Listed by: AUDREA GRUBB • COUNTRY ROADS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls ID: #55594