162 Mohans Run RdManningtonWV26582
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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 Mannington at 162 Mohans Run Rd, Mannington, WV, 26582 priced at $264,900 pairs $1,921/mo rent with $388/mo cash flow after a $1,297/mo payment. Total monthly income equals $1,921/mo, and annual cash flow comes to $4,653/yr on $87,814 invested. Return on cash invested is 25.21% in year one, and rental yield stands at 8.7% on a $264,900 basis. Equity gained on principal adds $1,709/yr, and 5% annual appreciation accumulates to $73,187 by year five. Five-year ROI measures 130.73% and total cumulative return in cash reaches $114,800. For financing, Ziffy Mortgage’s DSCR program evaluates $1,921/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 1993
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26582, Mannington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,678 (72.0%) |
| Renter Occupied HU | 329 (14.1%) |
| Vacant Housing Units | 323 (13.9%) |
| Median Home Value | $155,769 |
| Average Home Value | $179,993 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,989
Multi-Family
0
Businesses
100
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Listed by: JEFF MERRIFIELD • FORMA REALTY
Mls Name: NCWV REIN
Mls ID: #10160881