1654 BrocketSpringfieldWV26763
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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 Springfield at 1654 Brocket, Springfield, WV, 26763 uses $149,175 cash to close to unlock $5,157/yr annual cash flow and $430/mo monthly cash flow. Total monthly income runs $3,034/mo, and a $2,203/mo payment keeps the spread at $430/mo. Purchase price stands at $450,000, and rental yield measures 8.09% with $3,034/mo rent. Return on cash invested shows 23.37% in year one, and 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 120.85% and total cumulative return in cash records $180,282. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,034/mo property income covering a $2,203/mo payment rather than investor’s personal income.
Single Family
Built in 2007
32.87 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26763, Springfield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 963 (100%) |
| Owner Occupied HU | 646 (67.1%) |
| Renter Occupied HU | 85 ( 8.8%) |
| Vacant Housing Units | 232 (24.1%) |
| Median Home Value | $227,852 |
| Average Home Value | $257,755 |
Housing Distribution
Address Breakdown
Residential
489
Single Family
489
Multi-Family
0
Businesses
36
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Listed by: Keenan Shanholtz • WEST VIRGINIA LAND & HOME REALTY
Mls Name: Bright MLS
Mls ID: #WVHS2006916