1691 Poe RunElkinsWV26241
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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 Elkins at 1691 Poe Run, Elkins, WV, 26241 priced at $249,000 pairs $1,716/mo rent with $275/mo cash flow after a $1,219/mo payment. Total monthly income equals $1,716/mo, and annual cash flow comes to $3,300/yr on $82,544 invested. Return on cash invested is 23.91% in year one, and rental yield stands at 8.27% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 123.74% and total cumulative return in cash reaches $102,140. For financing, Ziffy Mortgage’s DSCR program evaluates $1,716/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
5.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26241, Elkins, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,733 (100%) |
| Owner Occupied HU | 3,834 (56.9%) |
| Renter Occupied HU | 1,986 (29.5%) |
| Vacant Housing Units | 913 (13.6%) |
| Median Home Value | $160,805 |
| Average Home Value | $197,956 |
Housing Distribution
Address Breakdown
Residential
6,290
Single Family
6,090
Multi-Family
200
Businesses
848
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Listed by: Kevin Yokum • Whitetail Properties Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11595900