1648 Hannan Trace RdGlenwoodWV25520
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
Investment Highlights
Investment property for sale in Glenwood at 1648 Hannan Trace Rd, Glenwood, WV, 25520 with 5% annual appreciation on a $112,000 basis while $1,012/mo rent supports operations. Total monthly income totals $1,012/mo and a $548/mo payment preserves $364/mo for cash returns. Annual cash flow comes to $4,370/yr on $37,128 deployed, and return on cash invested reaches 31.68% in year one. Equity gained on principal adds $723/yr, and five-year appreciation sums $30,944 alongside rental yield of 10.84%. Five-year ROI measures 165.52% and total cumulative return in cash totals $61,455.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,012/mo property income versus a $548/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Lot
Built in N/A
17.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25520, Glenwood, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 705 (100%) |
| Owner Occupied HU | 523 (74.2%) |
| Renter Occupied HU | 87 (12.3%) |
| Vacant Housing Units | 95 (13.5%) |
| Median Home Value | $157,428 |
| Average Home Value | $190,354 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
556
Multi-Family
0
Businesses
3
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Listed by: Mary Kathryn Pyles • The Angie Zimmerman Realty Group
Mls Name: KVBR
Mls Provider:
Mls ID: #272491
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.