1105 Grace RdReedyWV25270
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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 Reedy at 1105 Grace Rd, Reedy, WV, 25270 priced at $175,000 pairs $1,096/mo rent with $83/mo cash flow after a $857/mo payment. Total monthly income equals $1,096/mo, and annual cash flow comes to $996/yr on $58,013 invested. Return on cash invested is 21.63% in year one, and rental yield stands at 7.52% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 111.51% and total cumulative return in cash reaches $64,687. For financing, Ziffy Mortgage’s DSCR program evaluates $1,096/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25270, Reedy, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 545 (100%) |
| Owner Occupied HU | 358 (65.7%) |
| Renter Occupied HU | 67 (12.3%) |
| Vacant Housing Units | 120 (22.0%) |
| Median Home Value | $118,590 |
| Average Home Value | $157,004 |
Housing Distribution
Address Breakdown
Residential
420
Single Family
420
Multi-Family
0
Businesses
8
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Listed by: Linda Syslo • EXP REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155846
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST