116 Mountain Laurel LnWhite Sulphur SpringsWV24986
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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 White Sulphur Springs at 116 Mountain Laurel Ln, White Sulphur Springs, WV, 24986 priced at $1,800,000 pairs $3,271/mo rent with after a $8,810/mo payment. Total monthly income equals $3,271/mo. Return on cash invested is 5.13% in year one, and rental yield stands at 2.18% on a $1,800,000 basis. Equity gained on principal adds $11,615/yr, and 5% annual appreciation accumulates to $497,307 by year five. Five-year ROI measures 23.15% and total cumulative return in cash reaches $134,999. For financing, Ziffy Mortgage’s DSCR program evaluates $3,271/mo property income against a $8,810/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
$262 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24986, White Sulphur Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,465 (49.1%) |
| Renter Occupied HU | 582 (19.5%) |
| Vacant Housing Units | 936 (31.4%) |
| Median Home Value | $136,922 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,285
Multi-Family
8
Businesses
191
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Listed by: Hayes Beard • Greenbrier Hotel Corporation
Mls Name: My State MLS
Mls ID: #11469117