170 Ballard DrRonceverteWV24970
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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 Ronceverte at 170 Ballard Dr, Ronceverte, WV, 24970 offers a 7.23% rental yield on a $210,000 purchase with $1,265/mo rent. Total monthly income registers $1,265/mo, and a $1,028/mo payment leaves $50/mo available for distribution. Annual cash flow reaches $597/yr on $69,615 to close, and return on cash invested stands at 20.77% in year one. Equity gained on principal adds $1,355/yr while 5% annual appreciation supports $58,019 over five years. Portfolio math shows five-year ROI at 106.93% and total cumulative return in cash at $74,440. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,265/mo property income against a $1,028/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2003
N/A lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jamie C Yates • Coldwell Banker Stuart and Watts Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1239
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.