14 Fairwood LnCeredoWV25507
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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 Ceredo at 14 Fairwood Ln, Ceredo, WV, 25507 priced at $289,000 converts $2,575/mo rent into $902/mo cash flow after a $1,415/mo obligation. Total monthly income equals $2,575/mo, and annual cash flow totals $10,828/yr on $95,804 invested. Return on cash invested prints 31.21% in year one, and rental yield reads 10.69% against a $289,000 entry. Equity gained on principal adds $1,865/yr, while 5% annual appreciation compiles into $79,845 by year five. Five-year ROI reaches 162.95% and total cumulative return in cash sums $156,110. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,575/mo property income covering a $1,415/mo payment, not borrower’s personal income.
Single Family
Built in 1980
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25507, Ceredo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 460 (100%) |
| Owner Occupied HU | 237 (51.5%) |
| Renter Occupied HU | 183 (39.8%) |
| Vacant Housing Units | 40 ( 8.7%) |
| Median Home Value | $152,717 |
| Average Home Value | $155,496 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
109
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Listed by: Ralph Harvey • Listwithfreedom.Com
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180754
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