1436 Glen Ray RdAldersonWV24910
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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 Alderson at 1436 Glen Ray Rd, Alderson, WV, 24910 uses $39,747 cash to close to unlock $2,329/yr annual cash flow and $194/mo monthly cash flow. Total monthly income runs $888/mo, and a $587/mo payment keeps the spread at $194/mo. Purchase price stands at $119,900, and rental yield measures 8.89% with $888/mo rent. Return on cash invested shows 25.77% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 133.87% and total cumulative return in cash records $53,208. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $888/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1909
0.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24910, Alderson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 1,096 (59.2%) |
| Renter Occupied HU | 331 (17.9%) |
| Vacant Housing Units | 423 (22.9%) |
| Median Home Value | $149,211 |
| Average Home Value | $202,783 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
86
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Listed by: Robert E. Bittinger Jr. • Coldwell Banker Stuart and Watts Real Estate
Mls Name: GVMLS
Mls ID: #25-1302