106 Ash StSummersvilleWV26651
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Summersville at 106 Ash St, Summersville, WV, 26651 offers a 8.55% rental yield on a $240,000 purchase with $1,710/mo rent. Total monthly income registers $1,710/mo, and a $1,175/mo payment leaves $321/mo available for distribution. Annual cash flow reaches $3,852/yr on $79,560 to close, and return on cash invested stands at 24.75% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 128.27% and total cumulative return in cash at $102,050. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,710/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26651, Summersville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,443 (100%) |
| Owner Occupied HU | 2,876 (64.7%) |
| Renter Occupied HU | 982 (22.1%) |
| Vacant Housing Units | 585 (13.2%) |
| Median Home Value | $161,969 |
| Average Home Value | $224,848 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,894
Multi-Family
107
Businesses
515
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Becky Fidler • Castles and Creeks Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-412
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.