1511 Adolph Cassity RdMill CreekWV26280
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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 Mill Creek at 1511 Adolph Cassity Rd, Mill Creek, WV, 26280 generates $1,111/mo in rent and, after a $489/mo payment, leaves $533/mo in cash flow. Total monthly income is $1,111/mo, and annual cash flow is $6,394/yr on $33,150 invested. Return on cash invested sits at 39.2% in year one, and rental yield is 13.33% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 205.77% and total cumulative return in cash sums $68,212. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,111/mo property income rather than buyer’s personal income.
Lot
Built in N/A
20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26280, Mill Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 474 (64.3%) |
| Renter Occupied HU | 153 (20.8%) |
| Vacant Housing Units | 110 (14.9%) |
| Median Home Value | $108,333 |
| Average Home Value | $148,112 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
40
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Listed by: Amber Nestor • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155633
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST