221 King LnLewisburgWV24901
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 Lewisburg at 221 King Ln, Lewisburg, WV, 24901 at $350,000 posts ROI 21.7% with $173/mo cash flow from $2,198/mo rent. Total monthly income equals $2,198/mo, and annual cash flow records $2,075/yr on $116,025 to close. Return on cash invested measures 21.7% and rental yield reads 7.54% at the current $350,000. Equity gained on principal adds $2,258/yr, and 5% annual appreciation supports $96,699 by year five. Five-year ROI prints 111.9% and total cumulative return in cash totals $129,830.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,198/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2000
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24901, Lewisburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,658 (100%) |
| Owner Occupied HU | 2,686 (57.7%) |
| Renter Occupied HU | 1,358 (29.2%) |
| Vacant Housing Units | 614 (13.2%) |
| Median Home Value | $237,463 |
| Average Home Value | $348,912 |
Housing Distribution
Address Breakdown
Residential
4,446
Single Family
4,170
Multi-Family
276
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Zackary H Hudnall • Hometown Appraisals and Realty
Mls Name: GVMLS
Mls ID: #25-1525