121 Back Draft RdGreen BankWV24944
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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
Rental property for sale in Green Bank at 121 Back Draft Rd, Green Bank, WV, 24944 generates $1,919/mo in rent, after a $1,708/mo payment. Total monthly income is $1,919/mo. Return on cash invested sits at 18.87% in year one, and rental yield is 6.6% on a $349,000 entry. Equity gained on principal adds $2,252/yr, while 5% annual appreciation builds toward $96,422 over five years. Five-year ROI reaches 96.74% and total cumulative return in cash sums $111,924. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,919/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24944, Green Bank, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 134 (60.6%) |
| Renter Occupied HU | 20 ( 9.0%) |
| Vacant Housing Units | 67 (30.3%) |
| Median Home Value | $172,059 |
| Average Home Value | $194,739 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
25
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Listed by: Kathryn Stauffer • N/A
Mls Name: Red Oak Realty
Mls ID: #6787