1816 McDermott Ridge RdBuckhannonWV26201
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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 Buckhannon at 1816 McDermott Ridge Rd, Buckhannon, WV, 26201 earns $287/mo cash flow from $1,994/mo rent with a $1,444/mo payment. Total monthly income totals $1,994/mo, and annual cash flow totals $3,444/yr on $97,793 capital. ROI tracks 23.43% on current figures, and rental yield reads 8.11% at a $295,000 purchase. Equity gained on principal adds $1,904/yr, and 5% annual appreciation supports $81,503 over five years. Five-year ROI reaches 121.19% and total cumulative return in cash sums $118,514. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,994/mo property income instead of your personal income.
Single Family
Built in 1991
1.78 Acres 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: CASEY ROLENSON • COUNTRY ROADS REALTY, DIV OF UPSHUR AGENCY, INC
Mls Name: NCWV REIN
Mls ID: #10161797