1212 Skaggs RdWolfcreekWV24993
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
Investment property for sale in Wolfcreek at 1212 Skaggs Rd, Wolfcreek, WV, 24993 offers a 1.91% rental yield on a $1,995,000 purchase with $3,174/mo rent. 83% in year one. Equity gained on principal adds $12,873/yr while 5% annual appreciation supports $551,182 over five years. Portfolio math shows five-year ROI at 21.35% and total cumulative return in cash at $138,009. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,174/mo property income against a $9,765/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
139 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24993, Wolfcreek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 77 (100%) |
| Owner Occupied HU | 54 (70.1%) |
| Renter Occupied HU | 8 (10.4%) |
| Vacant Housing Units | 15 (19.5%) |
| Median Home Value | $121,667 |
| Average Home Value | $160,417 |
Housing Distribution
Address Breakdown
Residential
63
Single Family
63
Multi-Family
0
Businesses
1
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Randy S. Burdette • Foxfire Realty
Mls Name: GVMLS
Mls ID: #25-660