1463 Hokes Mill RdRonceverteWV24970
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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 Ronceverte at 1463 Hokes Mill Rd, Ronceverte, WV, 24970 offers $2,692/mo rent that, after a $1,953/mo payment, leaves $383/mo cash flow. Total monthly income is $2,692/mo, and annual cash flow is $4,599/yr on $132,269 cash. Return on cash invested measures 23.39% in year one, and rental yield stands at 8.1% at a $399,000 entry. Equity gained on principal adds $2,575/yr while 5% annual appreciation compounds into $110,236 by year five. Five-year ROI records 120.98% and total cumulative return in cash reaches $160,022. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,692/mo property income versus a $1,953/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1889
3 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Linda Rodgers • Better Homes and Gardens Real Estate Central
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-326
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.