137 8th StMount HopeWV25880
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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 Mount Hope at 137 8th St, Mount Hope, WV, 25880 offers $1,860/mo rent that, after a $636/mo payment, leaves $1,108/mo cash flow. Total monthly income is $1,860/mo, and annual cash flow is $13,297/yr on $43,095 cash. Return on cash invested measures 50.76% in year one, and rental yield stands at 17.17% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 267.85% and total cumulative return in cash reaches $115,431. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,860/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25880, Mount Hope, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,198 (100%) |
| Owner Occupied HU | 1,845 (57.7%) |
| Renter Occupied HU | 981 (30.7%) |
| Vacant Housing Units | 372 (11.6%) |
| Median Home Value | $118,926 |
| Average Home Value | $159,890 |
Housing Distribution
Address Breakdown
Residential
2,408
Single Family
2,309
Multi-Family
99
Businesses
179
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Listed by: Makenzie Halstead • EXIT ELEVATION REALTY
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #88745
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.