1140 & 1211 Deerpath LnWaitevilleWV24984
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1140 & 1211 Deerpath Ln, Waiteville, WV, 24984 in Waiteville is a solid income-producing rental, 8.6% gross yield, $1,397/mo rent, $269/mo net cash flow on a $195,000 buy. DSCR 1.59 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $53,875 and $1,796/yr in principal reduction project a total cumulative return of $90,937.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 6.2% |
| Monthly Cash Flow | $269 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,397 |
| Total Monthly Debt Service | $1,051 |
| DSCR Ratio | 1.33x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24984, Waiteville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 52 (44.4%) |
| Renter Occupied HU | 8 ( 6.8%) |
| Vacant Housing Units | 57 (48.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $235,865 |
Housing Distribution
Address Breakdown
Residential
99
Single Family
99
Multi-Family
0
Businesses
0
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
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24984, Waiteville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 52 (44.4%) |
| Renter Occupied HU | 8 ( 6.8%) |
| Vacant Housing Units | 57 (48.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $235,865 |
Housing Distribution
Address Breakdown
Residential
99
Single Family
99
Multi-Family
0
Businesses
0
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Whitetail Properties • Whitetail Properties
Mls Name: Whitetail Properties
Mls ID: #WVME2000046