1837 Brooklyn Heights RdParsonsWV26287
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
Investment Highlights
Investment property for sale in Parsons at 1837 Brooklyn Heights Rd, Parsons, WV, 26287 offers a 8.23% rental yield on a $140,000 purchase with $960/mo rent. Total monthly income registers $960/mo, and a $685/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,802/yr on $46,410 to close, and return on cash invested stands at 23.79% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 123.23% and total cumulative return in cash at $57,190. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.65 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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Listed by: TODD RHODES • STEVENS' REALTY & MANAGEMENT
Mls Name: NCWV REIN
Mls ID: #10162659