1414 Gilman RdElkinsWV26241
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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 Elkins at 1414 Gilman Rd, Elkins, WV, 26241 listed at $249,900 pairs $2,372/mo rent with a $1,223/mo payment to leave $926/mo cash flow. Total monthly income runs $2,372/mo, and annual cash flow reaches $11,114/yr on $82,842 cash to close. Return on cash invested measures 33.32% in year one, and rental yield registers 11.39% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 174.31% and total cumulative return in cash totals $144,398. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,372/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2001
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26241, Elkins, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,733 (100%) |
| Owner Occupied HU | 3,834 (56.9%) |
| Renter Occupied HU | 1,986 (29.5%) |
| Vacant Housing Units | 913 (13.6%) |
| Median Home Value | $160,805 |
| Average Home Value | $197,956 |
Housing Distribution
Address Breakdown
Residential
6,290
Single Family
6,090
Multi-Family
200
Businesses
848
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Listed by: TRENT COOPER • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10161453