132 Eric DrSummersvilleWV26651
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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
Rental property for sale in Summersville at 132 Eric Dr, Summersville, WV, 26651 generates $1,588/mo in rent and, after a $1,028/mo payment, leaves $373/mo in cash flow. Total monthly income is $1,588/mo, and annual cash flow is $4,473/yr on $69,615 invested. Return on cash invested sits at 26.33% in year one, and rental yield is 9.07% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 136.79% and total cumulative return in cash sums $95,224. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,588/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26651, Summersville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,443 (100%) |
| Owner Occupied HU | 2,876 (64.7%) |
| Renter Occupied HU | 982 (22.1%) |
| Vacant Housing Units | 585 (13.2%) |
| Median Home Value | $161,969 |
| Average Home Value | $224,848 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,894
Multi-Family
107
Businesses
515
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Listed by: Dawn Marie Moore • Field & Stream Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-432
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.