121 Pennington WayLavaletteWV25535
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 Lavalette at 121 Pennington Way, Lavalette, WV, 25535 offers $2,228/mo rent that, after a $1,199/mo payment, leaves $811/mo cash flow. Total monthly income is $2,228/mo, and annual cash flow is $9,727/yr on $81,218 cash. Return on cash invested measures 31.88% in year one, and rental yield stands at 10.91% at a $245,000 entry. Equity gained on principal adds $1,581/yr while 5% annual appreciation compounds into $67,689 by year five. Five-year ROI records 166.56% and total cumulative return in cash reaches $135,276. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,228/mo property income versus a $1,199/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25535, Lavalette, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 950 (74.3%) |
| Renter Occupied HU | 203 (15.9%) |
| Vacant Housing Units | 125 ( 9.8%) |
| Median Home Value | $190,203 |
| Average Home Value | $229,792 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
903
Multi-Family
30
Businesses
82
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Nearby investment properties with comparable prices
Listed by: Alaisha Daniels • Terra Realty Group
Mls Name: KVBR
Mls Provider:
Mls ID: #274029
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.