181 Oates LnEllamoreWV26267
INVESTMENT ANALYSIS
Investment Verdict
Solid Income181 Oates Ln, Ellamore, WV, 26267 in Ellamore earns a respectable 8.21% gross yield at $185,000, but after the $832/mo mortgage the net cash flow is $196/mo, a tight but positive spread. Expense discipline (vacancy, management, maintenance) will determine whether the margin widens. Ziffy Mortgage's DSCR mortgage (1.52) still qualifies on property income; a larger down payment can improve the cash-flow buffer. Long-term, 5% appreciation projects $51,112 over five years, making equity the dominant return driver. Total projected return: $82,457.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.2% | 6.2% |
| Monthly Cash Flow | $196 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,266 |
| Total Monthly Debt Service | $997 |
| DSCR Ratio | 1.27x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 1973
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26267, Ellamore, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 258 (100%) |
| Owner Occupied HU | 202 (78.3%) |
| Renter Occupied HU | 34 (13.2%) |
| Vacant Housing Units | 22 ( 8.5%) |
| Median Home Value | $187,500 |
| Average Home Value | $206,881 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Manufactured
Built in 1973
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26267, Ellamore, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 258 (100%) |
| Owner Occupied HU | 202 (78.3%) |
| Renter Occupied HU | 34 (13.2%) |
| Vacant Housing Units | 22 ( 8.5%) |
| Median Home Value | $187,500 |
| Average Home Value | $206,881 |
Housing Distribution
Address Breakdown
Residential
221
Single Family
221
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: NCWV REIN
Mls ID: #10163317