1468 E Main StSalemWV26426
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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 Salem at 1468 E Main St, Salem, WV, 26426 earns $93/mo cash flow from $1,187/mo rent with a $925/mo payment. Total monthly income totals $1,187/mo, and annual cash flow totals $1,122/yr on $62,654 capital. ROI tracks 21.7% on current figures, and rental yield reads 7.54% at a $189,000 purchase. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 over five years. Five-year ROI reaches 111.97% and total cumulative return in cash sums $70,150. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,187/mo property income instead of your personal income.
Single Family
Built in 1900
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26426, Salem, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,968 (67.3%) |
| Renter Occupied HU | 525 (18.0%) |
| Vacant Housing Units | 430 (14.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $214,647 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,567
Multi-Family
118
Businesses
117
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Listed by: GARY KEITH • EXP REALTY
Mls Name: NCWV REIN
Mls ID: #10161147