137 Summit Ridge RdHurricaneWV25526
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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
Investment property for sale in Hurricane at 137 Summit Ridge Rd, Hurricane, WV, 25526 uses $176,015 cash to close to unlock $7,302/yr annual cash flow and $608/mo monthly cash flow. Total monthly income runs $3,742/mo, and a $2,619/mo payment keeps the spread at $608/mo. Purchase price stands at $535,000, and rental yield measures 8.39% with $3,742/mo rent. Return on cash invested shows 24.21% in year one, and 5% annual appreciation builds toward $147,811 over five years. Five-year ROI reaches 125.44% and total cumulative return in cash records $220,792. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,742/mo property income covering a $2,619/mo payment rather than investor’s personal income.
Single Family
Built in 1999
0.97 Acres lot
$N/A/sqft
$450 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25526, Hurricane, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,752 (100%) |
| Owner Occupied HU | 7,198 (73.8%) |
| Renter Occupied HU | 1,947 (20.0%) |
| Vacant Housing Units | 607 ( 6.2%) |
| Median Home Value | $255,492 |
| Average Home Value | $280,442 |
Housing Distribution
Address Breakdown
Residential
9,327
Single Family
9,165
Multi-Family
162
Businesses
852
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Listed by: Louise Crum Goode • Keller Williams Realty Advantage
Mls Name: KVBR
Mls Provider:
Mls ID: #279091
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.