118 Fox Lair Ln LOT 1Summit PtWV25446
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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
Total monthly income runs $2,584/mo, and a $3,181/mo payment. Purchase price stands at $650,000, and rental yield measures 4.77% with $2,584/mo rent. Return on cash invested shows 13.46% in year one, and 5% annual appreciation builds toward $179,583 over five years. Five-year ROI reaches 67.69% and total cumulative return in cash records $144,746. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,584/mo property income covering a $3,181/mo payment rather than investor’s personal income.
Single Family
Built in 2024
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25446, Summit Point, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 630 (100%) |
| Owner Occupied HU | 497 (78.9%) |
| Renter Occupied HU | 79 (12.5%) |
| Vacant Housing Units | 54 ( 8.6%) |
| Median Home Value | $415,368 |
| Average Home Value | $396,247 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
37
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Listed by: Mary Cox • Berkshire Hathaway HomeServices PenFed Realty
Mls Name: Bright MLS
Mls Provider:
Mls ID: #WVJF2017700
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