219 Melrose DrHurricaneWV25526
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 219 Melrose Dr, Hurricane, WV, 25526 in Hurricane speaks for itself: 11.03% gross on a $192,500 price, generating $1,770/mo in rent and $656/mo in net income after the $866/mo debt service. DSCR 2.04, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,874 stacks alongside $53,184 in projected five-year appreciation and $1,773/yr in principal reduction. Projected total cumulative return: $114,884.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11% | 6.2% |
| Monthly Cash Flow | $656 | $185 |
City averages based on Hurricane market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,770 |
| Total Monthly Debt Service | $1,037 |
| DSCR Ratio | 1.71x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1979
4,791 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
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
Single Family
Built in 1979
4,791 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: Mara E. Ellis • Old Colony
Mls Name: KVBR
Mls ID: #282127