1311 Board Run RdSpencerWV25252
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 Spencer at 1311 Board Run Rd, Spencer, WV, 25252 offers a 9.08% rental yield on a $150,000 purchase with $1,135/mo rent. Total monthly income registers $1,135/mo, and a $734/mo payment leaves $267/mo available for distribution. Annual cash flow reaches $3,207/yr on $49,725 to close, and return on cash invested stands at 26.36% in year one. Equity gained on principal adds $968/yr while 5% annual appreciation supports $41,442 over five years. Portfolio math shows five-year ROI at 136.97% and total cumulative return in cash at $68,106. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,135/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25252, Le Roy, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 470 (100%) |
| Owner Occupied HU | 311 (66.2%) |
| Renter Occupied HU | 51 (10.9%) |
| Vacant Housing Units | 108 (23.0%) |
| Median Home Value | $183,594 |
| Average Home Value | $211,214 |
Housing Distribution
Address Breakdown
Residential
497
Single Family
497
Multi-Family
0
Businesses
3
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Nearby investment properties with comparable prices
Listed by: Cassie Milam • Davis Realty LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #276725
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.