1368 Red Lick RdNew MiltonWV26411
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1368 Red Lick Rd, New Milton, WV, 26411 in New Milton is priced for appreciation, not yield. Rental yield 0%. At $190,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $52,494 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $1,011.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 1988
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26411, New Milton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 251 (65.2%) |
| Renter Occupied HU | 38 ( 9.9%) |
| Vacant Housing Units | 96 (24.9%) |
| Median Home Value | $156,731 |
| Average Home Value | $207,012 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1988
8 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26411, New Milton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 251 (65.2%) |
| Renter Occupied HU | 38 ( 9.9%) |
| Vacant Housing Units | 96 (24.9%) |
| Median Home Value | $156,731 |
| Average Home Value | $207,012 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
5
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Francesca Merandi Pollick • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159351
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-10-16 04:49:57 PDT