216 Nicole DrHurricaneWV25526
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 Hurricane at 216 Nicole Dr, Hurricane, WV, 25526 uses $89,472 cash to close to unlock $4,688/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,980/mo, and a $1,321/mo payment keeps the spread at $391/mo. Purchase price stands at $269,900, and rental yield measures 8.8% with $1,980/mo rent. Return on cash invested shows 25.15% in year one, and 5% annual appreciation builds toward $74,568 over five years. Five-year ROI reaches 130.55% and total cumulative return in cash records $116,802. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,980/mo property income covering a $1,321/mo payment rather than investor’s personal income.
Single Family
Built in 2000
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25526, Hurricane, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,752 (100%) |
| Owner Occupied HU | 7,198 (73.8%) |
| Renter Occupied HU | 1,947 (20.0%) |
| Vacant Housing Units | 607 ( 6.2%) |
| Median Home Value | $255,492 |
| Average Home Value | $280,442 |
Housing Distribution
Address Breakdown
Residential
9,327
Single Family
9,165
Multi-Family
162
Businesses
852
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kim Trader • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #278303
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.