141 Lon Martin RdRainelleWV25962
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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 Rainelle at 141 Lon Martin Rd, Rainelle, WV, 25962 priced at $203,500 converts $2,017/mo rent into $840/mo cash flow after a $996/mo obligation. Total monthly income equals $2,017/mo, and annual cash flow totals $10,075/yr on $67,460 invested. Return on cash invested prints 34.84% in year one, and rental yield reads 11.89% against a $203,500 entry. Equity gained on principal adds $1,313/yr, while 5% annual appreciation compiles into $56,223 by year five. Five-year ROI reaches 182.44% and total cumulative return in cash sums $123,075. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,017/mo property income covering a $996/mo payment, not borrower’s personal income.
Single Family
Built in 1999
1.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25962, Rainelle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,810 (100%) |
| Owner Occupied HU | 1,094 (60.4%) |
| Renter Occupied HU | 341 (18.8%) |
| Vacant Housing Units | 375 (20.7%) |
| Median Home Value | $109,946 |
| Average Home Value | $142,774 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,491
Multi-Family
3
Businesses
120
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Listed by: Lydia A Reed • Patterson & Co. Luxury Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1575
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.