16 Liberty 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 16 Liberty St, Salem, WV, 26426 at $149,000 posts ROI 27.15% with $298/mo cash flow from $1,160/mo rent. Total monthly income equals $1,160/mo, and annual cash flow records $3,578/yr on $49,394 to close. Return on cash invested measures 27.15% and rental yield reads 9.34% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 141.26% and total cumulative return in cash totals $69,772.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,160/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2002
1.50 Acres 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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Nearby investment properties with comparable prices
Listed by: Michelle Dodrill • VANTAGE POINT REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157650
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 2025-02-18 03:42:06 PST