1400 Core RdRomneyWV26757
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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 Romney at 1400 Core Rd, Romney, WV, 26757 uses $189,175 cash to close to unlock $2,188/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $3,509/mo, and a $2,814/mo payment keeps the spread at $182/mo. Purchase price stands at $575,000, and rental yield measures 7.32% with $3,509/mo rent. Return on cash invested shows 21.22% in year one, and 5% annual appreciation builds toward $158,862 over five years. Five-year ROI reaches 109.3% and total cumulative return in cash records $206,771. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,509/mo property income covering a $2,814/mo payment rather than investor’s personal income.
Single Family
Built in 2007
7 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
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Listed by: Craig See • Pioneer Ridge Realty
Mls Name: Bright MLS
Mls ID: #WVHS2007162