193 Deerwood LnTerra AltaWV26764
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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 Terra Alta at 193 Deerwood Ln, Terra Alta, WV, 26764 uses $62,654 cash to close to unlock $426/yr annual cash flow and $35/mo monthly cash flow. Total monthly income runs $1,129/mo, and a $925/mo payment keeps the spread at $35/mo. Purchase price stands at $189,000, and rental yield measures 7.17% with $1,129/mo rent. Return on cash invested shows 20.59% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 106.01% and total cumulative return in cash records $66,418. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,129/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Sheri Ball • ALPINE LAKE VACATIONS & SALES
Mls Name: NCWV REIN
Mls ID: #10160249