177 Sunnyside LnParsonsWV26287
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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 Parsons at 177 Sunnyside Ln, Parsons, WV, 26287 offers $2,204/mo rent that, after a $1,566/mo payment, leaves $353/mo cash flow. Total monthly income is $2,204/mo, and annual cash flow is $4,233/yr on $106,047 cash. Return on cash invested measures 23.9% in year one, and rental yield stands at 8.27% at a $319,900 entry. Equity gained on principal adds $2,064/yr while 5% annual appreciation compounds into $88,382 by year five. Five-year ROI records 123.72% and total cumulative return in cash reaches $131,204. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,204/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26287, Parsons, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,532 (100%) |
| Owner Occupied HU | 935 (61.0%) |
| Renter Occupied HU | 249 (16.3%) |
| Vacant Housing Units | 348 (22.7%) |
| Median Home Value | $143,359 |
| Average Home Value | $180,064 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,367
Multi-Family
30
Businesses
137
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Nearby investment properties with comparable prices
Listed by: Jeremy Maxwell • COMMODORE REALTY LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154705
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST