223 Dudley Fork RdManningtonWV26582
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 Mannington at 223 Dudley Fork Rd, Mannington, WV, 26582 uses $84,201 cash to close to unlock $2,754/yr annual cash flow and $230/mo monthly cash flow. Total monthly income runs $1,699/mo, and a $1,243/mo payment keeps the spread at $230/mo. Purchase price stands at $254,000, and rental yield measures 8.03% with $1,699/mo rent. Return on cash invested shows 23.18% in year one, and 5% annual appreciation builds toward $70,176 over five years. Five-year ROI reaches 119.88% and total cumulative return in cash records $100,938. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,699/mo property income covering a $1,243/mo payment rather than investor’s personal income.
Single Family
Built in 1900
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26582, Mannington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,678 (72.0%) |
| Renter Occupied HU | 329 (14.1%) |
| Vacant Housing Units | 323 (13.9%) |
| Median Home Value | $155,769 |
| Average Home Value | $179,993 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,989
Multi-Family
0
Businesses
100
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BONNIE ARMSTRONG • CENTURY 21 AT YOUR SERVICE
Mls Name: NCWV REIN
Mls ID: #10161166