140 Palm Beach AveWhite Sulphur SpringsWV24986
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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 White Sulphur Springs at 140 Palm Beach Ave, White Sulphur Springs, WV, 24986 uses $65,239 cash to close to unlock $1,734/yr annual cash flow and $145/mo monthly cash flow. Total monthly income runs $1,283/mo, and a $963/mo payment keeps the spread at $145/mo. Purchase price stands at $196,800, and rental yield measures 7.82% with $1,283/mo rent. Return on cash invested shows 22.57% in year one, and 5% annual appreciation builds toward $54,372 over five years. Five-year ROI reaches 116.58% and total cumulative return in cash records $76,055. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,283/mo property income covering a $963/mo payment rather than investor’s personal income.
Single Family
Built in 1950
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24986, White Sulphur Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,465 (49.1%) |
| Renter Occupied HU | 582 (19.5%) |
| Vacant Housing Units | 936 (31.4%) |
| Median Home Value | $136,922 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,285
Multi-Family
8
Businesses
191
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Listed by: Alinda Lee Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-1323