1433 Colt RdgSpencerWV25276
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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 Spencer at 1433 Colt Rdg, Spencer, WV, 25276 earns $483/mo cash flow from $1,147/mo rent with a $562/mo payment. Total monthly income totals $1,147/mo, and annual cash flow totals $5,790/yr on $38,089 capital. ROI tracks 35.11% on current figures, and rental yield reads 11.98% at a $114,900 purchase. Equity gained on principal adds $741/yr, and 5% annual appreciation supports $31,745 over five years. Five-year ROI reaches 183.9% and total cumulative return in cash sums $70,046. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,147/mo property income instead of your personal income.
Single Family
Built in N/A
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
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Listed by: David Greenlee • Old Fences Realty INC
Mls Name: My State MLS
Mls ID: #11348862