211 Lake DrScott DepotWV25560
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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
Investment property for sale in Scott Depot at 211 Lake Dr, Scott Depot, WV, 25560 offers a 7.81% rental yield on a $299,777 purchase with $1,951/mo rent. Total monthly income registers $1,951/mo, and a $1,467/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,600/yr on $99,376 to close, and return on cash invested stands at 22.53% in year one. Equity gained on principal adds $1,934/yr while 5% annual appreciation supports $82,823 over five years. Portfolio math shows five-year ROI at 116.35% and total cumulative return in cash at $115,622. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,951/mo property income against a $1,467/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
0.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25560, Scott Depot, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,948 (100%) |
| Owner Occupied HU | 2,804 (71.0%) |
| Renter Occupied HU | 875 (22.2%) |
| Vacant Housing Units | 269 ( 6.8%) |
| Median Home Value | $278,708 |
| Average Home Value | $329,729 |
Housing Distribution
Address Breakdown
Residential
3,948
Single Family
3,827
Multi-Family
121
Businesses
310
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Listed by: Jamie Sprigle • Old Colony
Mls Name: KVBR
Mls ID: #279565