108 King DrKingwoodWV26537
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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 Kingwood at 108 King Dr, Kingwood, WV, 26537 uses $49,692 cash to close to unlock $7,144/yr annual cash flow and $595/mo monthly cash flow. Total monthly income runs $1,463/mo, and a $734/mo payment keeps the spread at $595/mo. Purchase price stands at $149,900, and rental yield measures 11.71% with $1,463/mo rent. Return on cash invested shows 34.29% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 179.47% and total cumulative return in cash records $89,183. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,463/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1976
7,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26537, Kingwood, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,680 (100%) |
| Owner Occupied HU | 1,741 (65.0%) |
| Renter Occupied HU | 609 (22.7%) |
| Vacant Housing Units | 330 (12.3%) |
| Median Home Value | $179,390 |
| Average Home Value | $211,087 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,413
Multi-Family
1
Businesses
285
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Listed by: Paul A Macy • Garrett Land Sales, PC
Mls Name: Bright MLS
Mls ID: #WVPR2000386