138 Circle AveRainelleWV25962
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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 Rainelle at 138 Circle Ave, Rainelle, WV, 25962 priced at $170,000 pairs $1,345/mo rent with $361/mo cash flow after a $832/mo payment. Total monthly income equals $1,345/mo, and annual cash flow comes to $4,337/yr on $56,355 invested. Return on cash invested is 27.6% in year one, and rental yield stands at 9.49% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 143.62% and total cumulative return in cash reaches $80,937. For financing, Ziffy Mortgage’s DSCR program evaluates $1,345/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25962, Rainelle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,810 (100%) |
| Owner Occupied HU | 1,094 (60.4%) |
| Renter Occupied HU | 341 (18.8%) |
| Vacant Housing Units | 375 (20.7%) |
| Median Home Value | $109,946 |
| Average Home Value | $142,774 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,491
Multi-Family
3
Businesses
120
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Listed by: Robin L Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-1367