1298 Main St EWhite Sulphur SpringsWV24986
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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 White Sulphur Springs at 1298 Main St E, White Sulphur Springs, WV, 24986 uses $34,575 cash to close to unlock $3,564/yr annual cash flow and $297/mo monthly cash flow. Total monthly income runs $900/mo, and a $511/mo payment keeps the spread at $297/mo. Purchase price stands at $104,300, and rental yield measures 10.35% with $900/mo rent. Return on cash invested shows 30.22% in year one, and 5% annual appreciation builds toward $28,816 over five years. Five-year ROI reaches 157.56% and total cumulative return in cash records $54,478. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $511/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24986, White Sulphur Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,465 (49.1%) |
| Renter Occupied HU | 582 (19.5%) |
| Vacant Housing Units | 936 (31.4%) |
| Median Home Value | $136,922 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,285
Multi-Family
8
Businesses
191
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Listed by: Martha T. Hilton • Fathom Realty, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1196
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.