1916 Chesterville RdMineral WellsWV26150
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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 Mineral Wells at 1916 Chesterville Rd, Mineral Wells, WV, 26150 generates $2,725/mo in rent and, after a $2,198/mo payment, leaves $127/mo in cash flow. Total monthly income is $2,725/mo, and annual cash flow is $1,520/yr on $148,844 invested. Return on cash invested sits at 20.93% in year one, and rental yield is 7.28% on a $449,000 entry. Equity gained on principal adds $2,897/yr, while 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 107.79% and total cumulative return in cash sums $160,432. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,725/mo property income rather than buyer’s personal income.
Single Family
Built in 2001
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26150, Mineral Wells, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,855 (71.6%) |
| Renter Occupied HU | 501 (19.4%) |
| Vacant Housing Units | 233 ( 9.0%) |
| Median Home Value | $225,679 |
| Average Home Value | $271,953 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,574
Multi-Family
0
Businesses
158
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