20 Meadow LnBridgeportWV26330
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Bridgeport at 20 Meadow Ln, Bridgeport, WV, 26330 priced at $310,000 converts $2,333/mo rent into $540/mo cash flow after a $1,517/mo obligation. Total monthly income equals $2,333/mo, and annual cash flow totals $6,475/yr on $102,765 invested. Return on cash invested prints 26.21% in year one, and rental yield reads 9.03% against a $310,000 entry. Equity gained on principal adds $2,000/yr, while 5% annual appreciation compiles into $85,647 by year five. Five-year ROI reaches 136.12% and total cumulative return in cash sums $139,879. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,333/mo property income covering a $1,517/mo payment, not borrower’s personal income.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26330, Bridgeport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,109 (70.1%) |
| Renter Occupied HU | 1,621 (22.2%) |
| Vacant Housing Units | 557 ( 7.6%) |
| Median Home Value | $289,461 |
| Average Home Value | $304,534 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,821
Multi-Family
499
Businesses
974
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: SARAH MCNEELY • MCNEELY REALTY GROUP
Mls Name: NCWV REIN
Mls ID: #10161878