1652 W Veterans Memorial HwyFlemingtonWV26347
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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 Flemington at 1652 W Veterans Memorial Hwy, Flemington, WV, 26347 earns $819/mo cash flow from $1,745/mo rent with a $783/mo payment. Total monthly income totals $1,745/mo, and annual cash flow totals $9,833/yr on $53,007 capital. ROI tracks 38.46% on current figures, and rental yield reads 13.1% at a $159,900 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,177 over five years. Five-year ROI reaches 201.83% and total cumulative return in cash sums $106,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,745/mo property income instead of your personal income.
Single Family
Built in 1950
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26347, Flemington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,115 (100%) |
| Owner Occupied HU | 819 (73.5%) |
| Renter Occupied HU | 169 (15.2%) |
| Vacant Housing Units | 127 (11.4%) |
| Median Home Value | $151,750 |
| Average Home Value | $195,705 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
768
Multi-Family
0
Businesses
25
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Listed by: Susan Lawrence • VENTURE REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155533
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2024-02-07 10:15:58 PST