21 Upper Cherry Grove RdSlatyforkWV26291
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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 Slatyfork at 21 Upper Cherry Grove Rd, Slatyfork, WV, 26291 priced at $485,000 converts $2,555/mo rent into after a $2,374/mo obligation. Total monthly income equals $2,555/mo. Return on cash invested prints 18.03% in year one, and rental yield reads 6.32% against a $485,000 entry. Equity gained on principal adds $3,130/yr, while 5% annual appreciation compiles into $133,997 by year five. Five-year ROI reaches 92.25% and total cumulative return in cash sums $148,322. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,555/mo property income covering a $2,374/mo payment, not borrower’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26291, Slatyfork, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,528 (100%) |
| Owner Occupied HU | 91 ( 6.0%) |
| Renter Occupied HU | 8 ( 0.5%) |
| Vacant Housing Units | 1,429 (93.5%) |
| Median Home Value | $152,885 |
| Average Home Value | $188,104 |
Housing Distribution
Address Breakdown
Residential
58
Single Family
58
Multi-Family
0
Businesses
39
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Listed by: Spencer Preston Woody • First Tracts Real Estate, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1262
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.