2134 Dry Ridge RdMiltonWV25541
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
Rental property for sale in Milton at 2134 Dry Ridge Rd, Milton, WV, 25541 priced at $150,000 pairs $1,505/mo rent with $637/mo cash flow after a $734/mo payment. Total monthly income equals $1,505/mo, and annual cash flow comes to $7,647/yr on $49,725 invested. Return on cash invested is 35.29% in year one, and rental yield stands at 12.04% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 184.87% and total cumulative return in cash reaches $91,926. For financing, Ziffy Mortgage’s DSCR program evaluates $1,505/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Manufactured
Built in 2024
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25541, Milton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,355 (100%) |
| Owner Occupied HU | 3,001 (68.9%) |
| Renter Occupied HU | 945 (21.7%) |
| Vacant Housing Units | 409 ( 9.4%) |
| Median Home Value | $209,550 |
| Average Home Value | $226,270 |
Housing Distribution
Address Breakdown
Residential
3,995
Single Family
3,942
Multi-Family
53
Businesses
242
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Scott • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #273906
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.