140 Iris LnColliersWV26035
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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 Colliers at 140 Iris Ln, Colliers, WV, 26035 priced at $322,500 converts $1,915/mo rent into $49/mo cash flow after a $1,578/mo obligation. Total monthly income equals $1,915/mo, and annual cash flow totals $593/yr on $106,909 invested. Return on cash invested prints 20.46% in year one, and rental yield reads 7.13% against a $322,500 entry. Equity gained on principal adds $2,081/yr, while 5% annual appreciation compiles into $89,101 by year five. Five-year ROI reaches 105.3% and total cumulative return in cash sums $112,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,915/mo property income covering a $1,578/mo payment, not borrower’s personal income.
Single Family
Built in 1989
0.81 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26035, Colliers, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,155 (100%) |
| Owner Occupied HU | 852 (73.8%) |
| Renter Occupied HU | 190 (16.5%) |
| Vacant Housing Units | 113 ( 9.8%) |
| Median Home Value | $166,667 |
| Average Home Value | $199,023 |
Housing Distribution
Address Breakdown
Residential
1,098
Single Family
1,098
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
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