107 Iris Dr, Elkview, WV, 25071 | $693/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elkview at 107 Iris Dr, Elkview, WV, 25071 offers a 10.42% rental yield on a $238,999 purchase with $2,076/mo rent. Total monthly income registers $2,076/mo, and a $1,170/mo payment leaves $693/mo available for distribution. Annual cash flow reaches $8,315/yr on $79,228 to close, and return on cash invested stands at 30.4% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 158.6% and total cumulative return in cash at $125,652. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,076/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1965

N/A lot

$N/A/sqft

No HOA