1397 High Valley DrFranklinWV26807
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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 Franklin at 1397 High Valley Dr, Franklin, WV, 26807 uses $62,982 cash to close to unlock $391/yr annual cash flow and $33/mo monthly cash flow. Total monthly income runs $1,132/mo, and a $930/mo payment keeps the spread at $33/mo. Purchase price stands at $189,990, and rental yield measures 7.15% with $1,132/mo rent. Return on cash invested shows 20.53% in year one, and 5% annual appreciation builds toward $52,491 over five years. Five-year ROI reaches 105.68% and total cumulative return in cash records $66,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,132/mo property income covering a $930/mo payment rather than investor’s personal income.
Single Family
Built in 1987
6.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26807, Franklin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 852 (62.3%) |
| Renter Occupied HU | 193 (14.1%) |
| Vacant Housing Units | 322 (23.6%) |
| Median Home Value | $204,000 |
| Average Home Value | $270,789 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
137
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Listed by: Ken Judy • Exp Realty, LLC
Mls Name: Bright MLS
Mls ID: #WVPT2000962