1222 Vannoys Mill RdBelingtonWV26250
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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
Investment property for sale in Belington at 1222 Vannoys Mill Rd, Belington, WV, 26250 offers a 8.05% rental yield on a $450,000 purchase with $3,019/mo rent. Total monthly income registers $3,019/mo, and a $2,203/mo payment leaves $415/mo available for distribution. Annual cash flow reaches $4,977/yr on $149,175 to close, and return on cash invested stands at 23.25% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 120.2% and total cumulative return in cash at $179,310. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,019/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2019
4.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26250, Belington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,405 (100%) |
| Owner Occupied HU | 1,669 (69.4%) |
| Renter Occupied HU | 466 (19.4%) |
| Vacant Housing Units | 270 (11.2%) |
| Median Home Value | $107,341 |
| Average Home Value | $143,042 |
Housing Distribution
Address Breakdown
Residential
2,042
Single Family
2,004
Multi-Family
38
Businesses
124
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Listed by: Tre Kerns • WHITETAIL PROPERTIES REAL ESTATE, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156694
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