1243 Ward RdNettieWV26681
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 Nettie at 1243 Ward Rd, Nettie, WV, 26681 generates $1,284/mo in rent and, after a $832/mo payment, leaves $300/mo in cash flow. Total monthly income is $1,284/mo, and annual cash flow is $3,605/yr on $56,355 invested. Return on cash invested sits at 26.31% in year one, and rental yield is 9.06% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 136.66% and total cumulative return in cash sums $77,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,284/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
1.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26681, Nettie, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 871 (100%) |
| Owner Occupied HU | 655 (75.2%) |
| Renter Occupied HU | 73 ( 8.4%) |
| Vacant Housing Units | 143 (16.4%) |
| Median Home Value | $107,244 |
| Average Home Value | $130,431 |
Housing Distribution
Address Breakdown
Residential
456
Single Family
456
Multi-Family
0
Businesses
26
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Nearby investment properties with comparable prices
Listed by: Samantha Lee Layne • Field & Stream Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-47
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.