16497 Northwestern PikeAugustaWV26704
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 Augusta at 16497 Northwestern Pike, Augusta, WV, 26704 offers a 4.33% rental yield on a $419,888 purchase with $1,514/mo rent. 02% in year one. Equity gained on principal adds $2,709/yr while 5% annual appreciation supports $116,007 over five years. Portfolio math shows five-year ROI at 60% and total cumulative return in cash at $83,516. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,514/mo property income against a $2,055/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
1.19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26704, Augusta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,820 (66.1%) |
| Renter Occupied HU | 367 (13.3%) |
| Vacant Housing Units | 566 (20.6%) |
| Median Home Value | $229,500 |
| Average Home Value | $260,714 |
Housing Distribution
Address Breakdown
Residential
2,141
Single Family
2,141
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Crissy Southard • Gemcraft Realty, Inc
Mls Name: Bright MLS
Mls ID: #WVHS2007150