220 S Ridgeview DrCool RidgeWV25825
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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
Rental property for sale in Cool Ridge at 220 S Ridgeview Dr, Cool Ridge, WV, 25825 priced at $510,000 converts $2,453/mo rent into after a $2,496/mo obligation. Total monthly income equals $2,453/mo. Return on cash invested prints 16.5% in year one, and rental yield reads 5.77% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 84.02% and total cumulative return in cash sums $140,979. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,453/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 2008
3 Acres lot
$N/A/sqft
No HOA
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No similar rental properties found nearby.
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Listed by: Kristina D Lilly • Real Estate Limited
Mls Name: GVMLS
Mls ID: #25-1394