13531 Frankfort HwySpringfieldWV26763
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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 Springfield at 13531 Frankfort Hwy, Springfield, WV, 26763 generates $1,615/mo in rent, after a $2,986/mo payment. Total monthly income is $1,615/mo. Return on cash invested sits at 8.61% in year one, and rental yield is 3.18% on a $610,000 entry. Equity gained on principal adds $3,936/yr, while 5% annual appreciation builds toward $168,532 over five years. Five-year ROI reaches 41.71% and total cumulative return in cash sums $83,707. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,615/mo property income rather than buyer’s personal income.
Single Family
Built in 1949
36.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26763, Springfield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 646 (67.1%) |
| Renter Occupied HU | 85 ( 8.8%) |
| Vacant Housing Units | 232 (24.1%) |
| Median Home Value | $227,852 |
| Average Home Value | $257,755 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
36
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Listed by: Colleen Lopez • Samson Properties
Mls Name: Bright MLS
Mls ID: #WVMI2003660