124 Morningside Dr, Elkview, WV, 25071 | $1,787/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Elkview at 124 Morningside Dr, Elkview, WV, 25071 offers $3,460/mo rent that, after a $1,370/mo payment, leaves $1,787/mo cash flow. Total monthly income is $3,460/mo, and annual cash flow is $21,450/yr on $92,820 cash. Return on cash invested measures 43.02% in year one, and rental yield stands at 14.83% at a $280,000 entry. Equity gained on principal adds $1,807/yr while 5% annual appreciation compounds into $77,359 by year five. Five-year ROI records 226.49% and total cumulative return in cash reaches $210,225. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,460/mo property income versus a $1,370/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.44 Acres lot

$N/A/sqft

$150 annually HOA