15 Roosevelt DrReedsvilleWV26547
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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 Reedsville at 15 Roosevelt Dr, Reedsville, WV, 26547 generates $1,679/mo in rent and, after a $925/mo payment, leaves $585/mo in cash flow. Total monthly income is $1,679/mo, and annual cash flow is $7,026/yr on $62,654 invested. Return on cash invested sits at 31.12% in year one, and rental yield is 10.66% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 162.51% and total cumulative return in cash sums $101,818. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,679/mo property income rather than buyer’s personal income.
Single Family
Built in 1983
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26547, Reedsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,146 (100%) |
| Owner Occupied HU | 817 (71.3%) |
| Renter Occupied HU | 220 (19.2%) |
| Vacant Housing Units | 109 ( 9.5%) |
| Median Home Value | $178,776 |
| Average Home Value | $212,515 |
Housing Distribution
Address Breakdown
Residential
858
Single Family
858
Multi-Family
0
Businesses
71
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Listed by: MILLISSA HARTSELL • MOUNTAINPATH PROPERTIES, LLC
Mls Name: NCWV REIN
Mls ID: #10162486