108 Palmer DrGlen MorganWV25813
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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 Glen Morgan at 108 Palmer Dr, Glen Morgan, WV, 25813 priced at $139,900 converts $1,374/mo rent into $564/mo cash flow after a $685/mo obligation. Total monthly income equals $1,374/mo, and annual cash flow totals $6,771/yr on $46,377 invested. Return on cash invested prints 34.51% in year one, and rental yield reads 11.79% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 180.69% and total cumulative return in cash sums $83,799. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,374/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25813, Beaver, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,573 (100%) |
| Owner Occupied HU | 1,743 (67.7%) |
| Renter Occupied HU | 519 (20.2%) |
| Vacant Housing Units | 311 (12.1%) |
| Median Home Value | $184,219 |
| Average Home Value | $221,857 |
Housing Distribution
Address Breakdown
Residential
1,967
Single Family
1,931
Multi-Family
36
Businesses
232
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Listed by: Miranda Ullman • ALTRUIST REALTY GROUP
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90644
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.