163 Washington St NAldersonWV24910
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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 Alderson at 163 Washington St N, Alderson, WV, 24910 earns $110/mo cash flow from $1,470/mo rent with a $1,150/mo payment. Total monthly income totals $1,470/mo, and annual cash flow totals $1,326/yr on $77,903 capital. ROI tracks 21.61% on current figures, and rental yield reads 7.51% at a $235,000 purchase. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 over five years. Five-year ROI reaches 111.47% and total cumulative return in cash sums $86,836. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,470/mo property income instead of your personal income.
Single Family
Built in 1957
0.38 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
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Listed by: Tessa N Mitchell • Fathom Realty, LLC
Mls Name: GVMLS
Mls ID: #25-1329