172 Elm StEast BankWV25067
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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 East Bank at 172 Elm St, East Bank, WV, 25067 priced at $119,900 converts $1,130/mo rent into $436/mo cash flow after a $587/mo obligation. Total monthly income equals $1,130/mo, and annual cash flow totals $5,233/yr on $39,747 invested. Return on cash invested prints 33.08% in year one, and rental yield reads 11.31% against a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,126 by year five. Five-year ROI reaches 173.05% and total cumulative return in cash sums $68,784. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,130/mo property income covering a $587/mo payment, not borrower’s personal income.
Manufactured
Built in 1999
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25067, East Bank, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 414 (100%) |
| Owner Occupied HU | 301 (72.7%) |
| Renter Occupied HU | 81 (19.6%) |
| Vacant Housing Units | 32 ( 7.7%) |
| Median Home Value | $87,875 |
| Average Home Value | $123,447 |
Housing Distribution
Address Breakdown
Residential
5
Single Family
5
Multi-Family
0
Businesses
13
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Listed by: Melinda Starcher • EXP REALTY, LLC
Mls Name: KVBR
Mls ID: #281410