1608 Pinoak RdLashmeetWV24733
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 1608 Pinoak Rd, Lashmeet, WV, 24733 in Lashmeet is priced for capital growth, not immediate cash flow. The $119,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $33,126 by year five, with $1,104/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (1.72) qualifies for non-U.S. residents without personal income documents. Total five-year projected cumulative return: $60,384.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $928 |
| Total Monthly Debt Service | $646 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1967
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24733, Lashmeet, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 183 (68.8%) |
| Renter Occupied HU | 43 (16.2%) |
| Vacant Housing Units | 40 (15.0%) |
| Median Home Value | $113,750 |
| Average Home Value | $185,410 |
Housing Distribution
Address Breakdown
Residential
191
Single Family
191
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1967
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24733, Lashmeet, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 266 (100%) |
| Owner Occupied HU | 183 (68.8%) |
| Renter Occupied HU | 43 (16.2%) |
| Vacant Housing Units | 40 (15.0%) |
| Median Home Value | $113,750 |
| Average Home Value | $185,410 |
Housing Distribution
Address Breakdown
Residential
191
Single Family
191
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Christy Wood Team • SOLUTIONS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #55202
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.