196 Pine Lake Estates DrMount NeboWV26679
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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 Mount Nebo at 196 Pine Lake Estates Dr, Mount Nebo, WV, 26679 generates $2,700/mo in rent and, after a $1,417/mo payment, leaves $1,025/mo in cash flow. Total monthly income is $2,700/mo, and annual cash flow is $12,298/yr on $95,969 invested. Return on cash invested sits at 32.72% in year one, and rental yield is 11.19% on a $289,500 entry. Equity gained on principal adds $1,868/yr, while 5% annual appreciation builds toward $79,984 over five years. Five-year ROI reaches 171.03% and total cumulative return in cash sums $164,139. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,700/mo property income rather than buyer’s personal income.
Single Family
Built in 2007
4.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Listed by: Garrett E Cole • Lakewood Real Estate Service, LLC
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-121
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.