1349 Mare StRansonWV25438
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeNot flashy, but dependably profitable, 1349 Mare St, Ranson, WV, 25438 in Ranson is listed at $299,900 and delivers $2,392/mo in rent and $656/mo in net monthly cash flow. The 9.57% yield and 1.77 DSCR provide the underwriting comfort Ziffy Mortgage needs to approve a DSCR loan without W-2 or tax-return documentation. Projected 5% annual appreciation adds $82,857 over five years, and $2,762/yr in principal reduction supplements cash return. Total projected cumulative return: $155,443.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 5.2% |
| Monthly Cash Flow | $656 | $850 |
City averages based on Ranson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,392 |
| Total Monthly Debt Service | $1,616 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Townhouse
Built in 2006
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25438, Ranson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 1,889 (61.8%) |
| Renter Occupied HU | 910 (29.7%) |
| Vacant Housing Units | 260 ( 8.5%) |
| Median Home Value | $247,073 |
| Average Home Value | $344,698 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
2,219
Multi-Family
897
Businesses
275
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
Townhouse
Built in 2006
2,221 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25438, Ranson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 1,889 (61.8%) |
| Renter Occupied HU | 910 (29.7%) |
| Vacant Housing Units | 260 ( 8.5%) |
| Median Home Value | $247,073 |
| Average Home Value | $344,698 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
2,219
Multi-Family
897
Businesses
275
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sara Duncan • RE/MAX Distinctive Real Estate
Mls Name: Bright MLS
Mls ID: #WVJF2019922