133&145 Miracle Mountain RdWelchWV24801
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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 Welch at 133&145 Miracle Mountain Rd, Welch, WV, 24801 generates $786/mo in rent and, after a $489/mo payment, leaves $208/mo in cash flow. Total monthly income is $786/mo, and annual cash flow is $2,494/yr on $33,150 invested. Return on cash invested sits at 27.43% in year one, and rental yield is 9.43% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 142.67% and total cumulative return in cash sums $47,296. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $786/mo property income rather than buyer’s personal income.
Single Family
Built in 1920
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24801, Welch, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,535 (100%) |
| Owner Occupied HU | 1,444 (57.0%) |
| Renter Occupied HU | 518 (20.4%) |
| Vacant Housing Units | 573 (22.6%) |
| Median Home Value | $64,513 |
| Average Home Value | $68,613 |
Housing Distribution
Address Breakdown
Residential
1,393
Single Family
1,282
Multi-Family
111
Businesses
202
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Listed by: The Christy Wood Team • SOLUTIONS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54839
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.