2214 Fairview RdIndependenceWV26374
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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 Independence at 2214 Fairview Rd, Independence, WV, 26374 listed at $399,999 pairs $1,962/mo rent with a $1,958/mo payment. Total monthly income runs $1,962/mo. Return on cash invested measures 16.72% in year one, and rental yield registers 5.89% at a $399,999 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,512 by year five. Five-year ROI tracks 85.22% and total cumulative return in cash totals $112,995. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,962/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1989
8.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26374, Independence, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 561 (76.3%) |
| Renter Occupied HU | 123 (16.7%) |
| Vacant Housing Units | 51 ( 6.9%) |
| Median Home Value | $216,903 |
| Average Home Value | $242,010 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
9
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Listed by: VICKIE JENKINS • REAL ESTATE BY VICKIE JENKINS & ASSOCIATES
Mls Name: NCWV REIN
Mls ID: #10160076