16 Grizzly Way #142DavisWV26260
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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 Davis at 16 Grizzly Way #142, Davis, WV, 26260 earns $165/mo cash flow from $1,105/mo rent with a $795/mo payment. Total monthly income totals $1,105/mo, and annual cash flow totals $1,981/yr on $53,869 capital. ROI tracks 23.59% on current figures, and rental yield reads 8.16% at a $162,500 purchase. Equity gained on principal adds $1,049/yr, and 5% annual appreciation supports $44,896 over five years. Five-year ROI reaches 122.13% and total cumulative return in cash sums $65,790. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,105/mo property income instead of your personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26260, Davis, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 447 (29.3%) |
| Renter Occupied HU | 137 ( 9.0%) |
| Vacant Housing Units | 939 (61.7%) |
| Median Home Value | $192,092 |
| Average Home Value | $319,351 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
124
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Listed by: STACY WILSON • BETTER HOMES AND GARDENS REAL ESTATE CENTRAL
Mls Name: NCWV REIN
Mls ID: #10160960