1060 Buffalo Ridge RdAugustaWV26704
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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 Augusta at 1060 Buffalo Ridge Rd, Augusta, WV, 26704 generates $1,724/mo in rent and, after a $1,395/mo payment, leaves $75/mo in cash flow. Total monthly income is $1,724/mo, and annual cash flow is $899/yr on $94,478 invested. Return on cash invested sits at 20.86% in year one, and rental yield is 7.26% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 107.4% and total cumulative return in cash sums $101,466. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,724/mo property income rather than buyer’s personal income.
Single Family
Built in 2006
10.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26704, Augusta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,820 (66.1%) |
| Renter Occupied HU | 367 (13.3%) |
| Vacant Housing Units | 566 (20.6%) |
| Median Home Value | $229,500 |
| Average Home Value | $260,714 |
Housing Distribution
Address Breakdown
Residential
2,141
Single Family
2,141
Multi-Family
0
Businesses
66
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Listed by: Shaun Knotts • WEST VIRGINIA LAND & HOME REALTY
Mls Name: Bright MLS
Mls ID: #WVHS2007056