218 Melrose DrHurricaneWV25526
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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 Hurricane at 218 Melrose Dr, Hurricane, WV, 25526 listed at $160,900 pairs $1,908/mo rent with a $788/mo payment to leave $977/mo cash flow. Total monthly income runs $1,908/mo, and annual cash flow reaches $11,718/yr on $53,338 cash to close. Return on cash invested measures 41.88% in year one, and rental yield registers 14.23% at a $160,900 basis. Equity gained on principal adds $1,038/yr, and annual property appreciation at 5% supports $44,454 by year five. Five-year ROI tracks 220.16% and total cumulative return in cash totals $117,428. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,908/mo property income relative to a $788/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1971
6,098 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
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Listed by: David Campbell • Advantage Real Estate
Mls Name: KVBR
Mls ID: #280215