1668 Runa RdMt. NeboWV26679
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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
Rental property for sale in Mt. Nebo at 1668 Runa Rd, Mt. Nebo, WV, 26679 priced at $550,000 converts $3,204/mo rent into $22/mo cash flow after a $2,692/mo obligation. Total monthly income equals $3,204/mo, and annual cash flow totals $259/yr on $180,950 invested. Return on cash invested prints 20.2% in year one, and rental yield reads 6.99% against a $550,000 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation compiles into $151,955 by year five. Five-year ROI reaches 103.86% and total cumulative return in cash sums $187,930. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,204/mo property income covering a $2,692/mo payment, not borrower’s personal income.
Single Family
Built in 2016
5.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Listed by: Lydia A Reed • Patterson & Co. Luxury Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-412
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.