18 Cleveland AveBuckhannonWV26201
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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 Buckhannon at 18 Cleveland Ave, Buckhannon, WV, 26201 priced at $129,000 converts $1,004/mo rent into $258/mo cash flow after a $631/mo obligation. Total monthly income equals $1,004/mo, and annual cash flow totals $3,096/yr on $42,764 invested. Return on cash invested prints 27.15% in year one, and rental yield reads 9.34% against a $129,000 entry. Equity gained on principal adds $832/yr, while 5% annual appreciation compiles into $35,640 by year five. Five-year ROI reaches 141.12% and total cumulative return in cash sums $60,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,004/mo property income covering a $631/mo payment, not borrower’s personal income.
Single Family
Built in 1983
9,900 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26201, Buckhannon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,510 (62.3%) |
| Renter Occupied HU | 2,222 (25.1%) |
| Vacant Housing Units | 1,118 (12.6%) |
| Median Home Value | $168,934 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
8,166
Single Family
7,989
Multi-Family
177
Businesses
757
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Listed by: STANLEY T REXROAD • COUNTRY ROADS REALTY
Mls Name: NCWV REIN
Mls ID: #10161686