1674 Snake Run RdAldersonWV24910
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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 Alderson at 1674 Snake Run Rd, Alderson, WV, 24910 generates $1,892/mo in rent and, after a $1,248/mo payment, leaves $417/mo in cash flow. Total monthly income is $1,892/mo, and annual cash flow is $5,000/yr on $84,533 invested. Return on cash invested sits at 25.82% in year one, and rental yield is 8.9% on a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation builds toward $70,452 over five years. Five-year ROI reaches 134.05% and total cumulative return in cash sums $113,312. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,892/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24910, Alderson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 1,096 (59.2%) |
| Renter Occupied HU | 331 (17.9%) |
| Vacant Housing Units | 423 (22.9%) |
| Median Home Value | $149,211 |
| Average Home Value | $202,783 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
86
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Listed by: W. Paul Grist • Grist Real Estate Associates, Inc
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1400
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.