207 Cheyenne LnMount NeboWV26679
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 Mount Nebo at 207 Cheyenne Ln, Mount Nebo, WV, 26679 uses $66,134 cash to close to unlock $18,553/yr annual cash flow and $1,546/mo monthly cash flow. Total monthly income runs $2,700/mo, and a $976/mo payment keeps the spread at $1,546/mo. Purchase price stands at $199,500, and rental yield measures 16.24% with $2,700/mo rent. Return on cash invested shows 47.96% in year one, and 5% annual appreciation builds toward $55,118 over five years. Five-year ROI reaches 252.82% and total cumulative return in cash records $167,203. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,700/mo property income covering a $976/mo payment rather than investor’s personal income.
Manufactured
Built in 2021
7.14 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: Katie Boggs • Lillywood Realty
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-524