1079 Sherwood Lake RdWht Sulphur SWV24986
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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
Investment property for sale in Wht Sulphur S at 1079 Sherwood Lake Rd, Wht Sulphur S, WV, 24986 uses $79,527 cash to close to unlock $5,521/yr annual cash flow and $460/mo monthly cash flow. Total monthly income runs $1,848/mo, and a $1,174/mo payment keeps the spread at $460/mo. Purchase price stands at $239,900, and rental yield measures 9.24% with $1,848/mo rent. Return on cash invested shows 26.85% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 139.61% and total cumulative return in cash records $111,031. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,848/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 2009
5.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24986, White Sulphur Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,465 (49.1%) |
| Renter Occupied HU | 582 (19.5%) |
| Vacant Housing Units | 936 (31.4%) |
| Median Home Value | $136,922 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,285
Multi-Family
8
Businesses
191
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Listed by: Lisa Armes • ARMES REAL ESTATE & LAND COMPANY INC.
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #91241
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.