199 Collins Run RdGlenvilleWV26351
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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 Glenville at 199 Collins Run Rd, Glenville, WV, 26351 priced at $105,000 converts $1,278/mo rent into $670/mo cash flow after a $514/mo obligation. Total monthly income equals $1,278/mo, and annual cash flow totals $8,045/yr on $34,808 invested. Return on cash invested prints 43.02% in year one, and rental yield reads 14.61% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 226.37% and total cumulative return in cash sums $78,794. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,278/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1983
0.79 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26351, Glenville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 717 (50.7%) |
| Renter Occupied HU | 452 (32.0%) |
| Vacant Housing Units | 244 (17.3%) |
| Median Home Value | $99,700 |
| Average Home Value | $136,813 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,280
Multi-Family
16
Businesses
173
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Listed by: Adam Gissy • GARTON REAL ESTATE GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10152766
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2024-02-07 10:15:58 PST