107 Boggs RdFrankfordWV24938
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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 Frankford at 107 Boggs Rd, Frankford, WV, 24938 generates $1,781/mo in rent and, after a $882/mo payment, leaves $739/mo in cash flow. Total monthly income is $1,781/mo, and annual cash flow is $8,873/yr on $59,703 invested. Return on cash invested sits at 34.77% in year one, and rental yield is 11.87% on a $180,100 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,758 over five years. Five-year ROI reaches 182.06% and total cumulative return in cash sums $108,696. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,781/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
0.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24938, Frankford, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 444 (65.5%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 143 (21.1%) |
| Median Home Value | $223,810 |
| Average Home Value | $271,599 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
24
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Listed by: Tina Louise Walton • Walton Realty
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-1159
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.