178 Redemption DrWhite Sulphur SpringsWV24986
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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 White Sulphur Springs at 178 Redemption Dr, White Sulphur Springs, WV, 24986 listed at $227,000 pairs $1,672/mo rent with a $1,111/mo payment to leave $359/mo cash flow. Total monthly income runs $1,672/mo, and annual cash flow reaches $4,303/yr on $75,251 cash to close. Return on cash invested measures 25.63% in year one, and rental yield registers 8.84% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 133.01% and total cumulative return in cash totals $100,093. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,672/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1986
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24986, White Sulphur Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,465 (49.1%) |
| Renter Occupied HU | 582 (19.5%) |
| Vacant Housing Units | 936 (31.4%) |
| Median Home Value | $136,922 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,285
Multi-Family
8
Businesses
191
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Listed by: Alisha M. Patterson • Patterson & Co. Luxury Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1525
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.