14 Edgewood LnSpencerWV25276
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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 Spencer at 14 Edgewood Ln, Spencer, WV, 25276 priced at $279,000 pairs $0/mo rent with after a $1,366/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.04% in year one, and rental yield stands at 0% on a $279,000 basis. Equity gained on principal adds $1,800/yr, and 5% annual appreciation accumulates to $77,083 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,366/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1967
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Jane E Wyatt • RE/MAX Properties of the Valley
Mls Name: MLS Now
Mls ID: #5145748