224 Chipley LnMoorefieldWV26836
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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 Moorefield at 224 Chipley Ln, Moorefield, WV, 26836 with 5% annual appreciation on a $235,000 basis while $764/mo rent supports operations. 74% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 3.9%. Five-year ROI measures 53.15% and total cumulative return in cash totals $41,404. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $764/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Manufactured
Built in 2026
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26836, Moorefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,469 (100%) |
| Owner Occupied HU | 1,824 (52.6%) |
| Renter Occupied HU | 1,023 (29.5%) |
| Vacant Housing Units | 622 (17.9%) |
| Median Home Value | $160,458 |
| Average Home Value | $188,198 |
Housing Distribution
Address Breakdown
Residential
2,812
Single Family
2,742
Multi-Family
70
Businesses
355
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Listed by: Debbie Crites • Preferred Properties
Mls Name: Bright MLS
Mls ID: #WVHD2003286