211 Spring StSpencerWV25276
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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 Spencer at 211 Spring St, Spencer, WV, 25276 offers a 9.02% rental yield on a $124,900 purchase with $939/mo rent. Total monthly income registers $939/mo, and a $611/mo payment leaves $217/mo available for distribution. Annual cash flow reaches $2,600/yr on $41,404 to close, and return on cash invested stands at 26.19% in year one. Equity gained on principal adds $806/yr while 5% annual appreciation supports $34,508 over five years. Portfolio math shows five-year ROI at 136.04% and total cumulative return in cash at $56,326. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $939/mo property income against a $611/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1935
0.86 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
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Listed by: David Greenlee • Old Fences Realty INC
Mls Name: My State MLS
Mls ID: #11481237