114 Beverly StKingwoodWV26537
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kingwood at 114 Beverly St, Kingwood, WV, 26537 offers $1,600/mo rent that, after a $1,028/mo payment, leaves $385/mo cash flow. Total monthly income is $1,600/mo, and annual cash flow is $4,617/yr on $69,615 cash. Return on cash invested measures 26.54% in year one, and rental yield stands at 9.14% at a $210,000 entry. Equity gained on principal adds $1,355/yr while 5% annual appreciation compounds into $58,019 by year five. Five-year ROI records 137.89% and total cumulative return in cash reaches $95,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,600/mo property income versus a $1,028/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
7,840 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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Nearby investment properties with comparable prices
Listed by: Tina Roscoe • REAL ESTATE BY VICKIE JENKINS & ASSOCIATES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156274
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