2031 Pratt Hill RdNewburgWV26410
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
Investment property for sale in Newburg at 2031 Pratt Hill Rd, Newburg, WV, 26410 offers a 9.35% rental yield on a $185,000 purchase with $1,441/mo rent. Total monthly income registers $1,441/mo, and a $905/mo payment leaves $371/mo available for distribution. Annual cash flow reaches $4,453/yr on $61,328 to close, and return on cash invested stands at 27.17% in year one. Equity gained on principal adds $1,194/yr while 5% annual appreciation supports $51,112 over five years. Portfolio math shows five-year ROI at 141.34% and total cumulative return in cash at $86,679. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,441/mo property income against a $905/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1988
1.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26410, Newburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 422 (100%) |
| Owner Occupied HU | 293 (69.4%) |
| Renter Occupied HU | 55 (13.0%) |
| Vacant Housing Units | 74 (17.5%) |
| Median Home Value | $160,500 |
| Average Home Value | $176,024 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
35
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Listed by: Jenny Jackson • Charis Realty Group
Mls Name: Bright MLS
Mls ID: #WVPR2000336