196 Alpine CtMineral 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
Investment property for sale in Mineral Wells at 196 Alpine Ct, Mineral Wells, WV, 26150 with 5% annual appreciation on a $175,000 basis while $1,492/mo rent supports operations. Total monthly income totals $1,492/mo and a $857/mo payment preserves $479/mo for cash returns. Annual cash flow comes to $5,748/yr on $58,013 deployed, and return on cash invested reaches 29.82% in year one. Equity gained on principal adds $1,129/yr, and five-year appreciation sums $48,349 alongside rental yield of 10.23%. Five-year ROI measures 155.42% and total cumulative return in cash totals $90,163.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,492/mo property income versus a $857/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1995
0.33 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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