226 Twin Oaks Lane FltIkes ForkWV24845
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayYield and appreciation often trade off, and at 226 Twin Oaks Lane Flt, Ikes Fork, WV, 24845 in Ikes Fork the bet is firmly on appreciation. Rental yield 0%. The 0% gross yield on a $399,000 price is below income-first thresholds, but 5%/yr value growth projects $110,236 in equity by year five. Ziffy Mortgage's non-U.S. DSCR mortgage (0.00) finances the acquisition on rental income alone. A larger down payment (30–35%) reduces monthly debt service and tightens the spread. Total projected cumulative return: $2,081.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Single Family
Built in 2008
10.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24845, Ikes Fork, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 239 (100%) |
| Owner Occupied HU | 174 (72.8%) |
| Renter Occupied HU | 40 (16.7%) |
| Vacant Housing Units | 25 (10.5%) |
| Median Home Value | $103,289 |
| Average Home Value | $166,121 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 2008
10.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24845, Ikes Fork, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 239 (100%) |
| Owner Occupied HU | 174 (72.8%) |
| Renter Occupied HU | 40 (16.7%) |
| Vacant Housing Units | 25 (10.5%) |
| Median Home Value | $103,289 |
| Average Home Value | $166,121 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Betty Jo Moore • BETTY J. MOORE & ASSOCIATES
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90392
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.