162 Monroe StAldersonWV24910
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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 Alderson at 162 Monroe St, Alderson, WV, 24910 offers $0/mo rent that, after a $905/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.03% in year one, and rental yield stands at 0% at a $185,000 entry. Equity gained on principal adds $1,194/yr while 5% annual appreciation compounds into $51,112 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $905/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1887
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24910, Alderson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 1,096 (59.2%) |
| Renter Occupied HU | 331 (17.9%) |
| Vacant Housing Units | 423 (22.9%) |
| Median Home Value | $149,211 |
| Average Home Value | $202,783 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Randy Burdette • Foxfire Realty
Mls Name: My State MLS
Mls ID: #11501957