1308 Midway RdSodWV25564
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
Investment property for sale in Sod at 1308 Midway Rd, Sod, WV, 25564 offers a 9.5% rental yield on a $175,000 purchase with $1,385/mo rent. Total monthly income registers $1,385/mo, and a $857/mo payment leaves $372/mo available for distribution. Annual cash flow reaches $4,464/yr on $58,013 to close, and return on cash invested stands at 27.6% in year one. Equity gained on principal adds $1,129/yr while 5% annual appreciation supports $48,349 over five years. Portfolio math shows five-year ROI at 143.57% and total cumulative return in cash at $83,287. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $857/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
1.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25564, Sod, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 387 (69.9%) |
| Renter Occupied HU | 94 (17.0%) |
| Vacant Housing Units | 73 (13.2%) |
| Median Home Value | $212,939 |
| Average Home Value | $200,304 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
11
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Nearby investment properties with comparable prices
Listed by: Bridget Hill • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #276084
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.