1219 Salem Five Forks RdBruceton MillsWV26525
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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 Bruceton Mills at 1219 Salem Five Forks Rd, Bruceton Mills, WV, 26525 priced at $300,000 converts $3,014/mo rent into $1,233/mo cash flow after a $1,468/mo obligation. Total monthly income equals $3,014/mo, and annual cash flow totals $14,793/yr on $99,450 invested. Return on cash invested prints 34.78% in year one, and rental yield reads 12.06% against a $300,000 entry. Equity gained on principal adds $1,936/yr, while 5% annual appreciation compiles into $82,884 by year five. Five-year ROI reaches 182.29% and total cumulative return in cash sums $181,284. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,014/mo property income covering a $1,468/mo payment, not borrower’s personal income.
Single Family
Built in 2015
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26525, Bruceton Mills, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,703 (100%) |
| Owner Occupied HU | 1,949 (72.1%) |
| Renter Occupied HU | 399 (14.8%) |
| Vacant Housing Units | 355 (13.1%) |
| Median Home Value | $248,004 |
| Average Home Value | $274,025 |
Housing Distribution
Address Breakdown
Residential
2,359
Single Family
2,359
Multi-Family
0
Businesses
122
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Listed by: Michael Snyder • HOWARD HANNA
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156021
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2024-02-07 10:15:58 PST