117 Rodney AveMount NeboWV26679
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 Mount Nebo at 117 Rodney Ave, Mount Nebo, WV, 26679 offers $902/mo rent that, after a $514/mo payment, leaves $294/mo cash flow. Total monthly income is $902/mo, and annual cash flow is $3,533/yr on $34,808 cash. Return on cash invested measures 30.06% in year one, and rental yield stands at 10.31% at a $105,000 entry. Equity gained on principal adds $678/yr while 5% annual appreciation compounds into $29,010 by year five. Five-year ROI records 156.83% and total cumulative return in cash reaches $54,590. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $902/mo property income versus a $514/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Nearby investment properties with comparable prices
Listed by: Kandi Greter • Berkshire Hathaway HS GER
Mls Name: KVBR
Mls ID: #277994