115 Valley StSalemWV26426
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 Salem at 115 Valley St, Salem, WV, 26426 priced at $185,000 converts $1,397/mo rent into $327/mo cash flow after a $905/mo obligation. Total monthly income equals $1,397/mo, and annual cash flow totals $3,925/yr on $61,328 invested. Return on cash invested prints 26.31% in year one, and rental yield reads 9.06% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 136.72% and total cumulative return in cash sums $83,847. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,397/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1996
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26426, Salem, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,968 (67.3%) |
| Renter Occupied HU | 525 (18.0%) |
| Vacant Housing Units | 430 (14.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $214,647 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,567
Multi-Family
118
Businesses
117
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Hilary Leon • LANDMARK REALTY SERVICE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159023
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 2025-04-23 11:02:51 PDT