117 Lacy LnFairdaleWV25839
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 Fairdale at 117 Lacy Ln, Fairdale, WV, 25839 offers $816/mo rent that, after a $529/mo payment, leaves $191/mo cash flow. Total monthly income is $816/mo, and annual cash flow is $2,288/yr on $35,802 cash. Return on cash invested measures 26.3% in year one, and rental yield stands at 9.07% at a $108,000 entry. Equity gained on principal adds $697/yr while 5% annual appreciation compounds into $29,838 by year five. Five-year ROI records 136.64% and total cumulative return in cash reaches $48,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $816/mo property income versus a $529/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25839, Fairdale, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 380 (100%) |
| Owner Occupied HU | 290 (76.3%) |
| Renter Occupied HU | 37 ( 9.7%) |
| Vacant Housing Units | 53 (13.9%) |
| Median Home Value | $112,500 |
| Average Home Value | $146,224 |
Housing Distribution
Address Breakdown
Residential
34
Single Family
34
Multi-Family
0
Businesses
12
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Nearby investment properties with comparable prices
Listed by: Kay Booth • OLD COLONY REALTORS
Mls Name: Beckley BOR
Mls ID: #92681