113 Miller RdKingwoodWV26537
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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 113 Miller Rd, Kingwood, WV, 26537 offers a 8.69% rental yield on a $175,000 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $857/mo payment leaves $255/mo available for distribution. Annual cash flow reaches $3,060/yr on $58,013 to close, and return on cash invested stands at 25.18% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 130.58% and total cumulative return in cash at $75,751. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
8,712 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: JESSICA LIPSCOMB • HOUSES & MORE REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10160626