228 Mountain Lodge LnSnowshoeWV26209
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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
Rental property for sale in Snowshoe at 228 Mountain Lodge Ln, Snowshoe, WV, 26209 priced at $140,000 converts $1,127/mo rent into after a $685/mo obligation. Total monthly income equals $1,127/mo. Return on cash invested prints 14.92% in year one, and rental yield reads 9.66% against a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,679 by year five. Five-year ROI reaches 80.44% and total cumulative return in cash sums $37,330. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,127/mo property income covering a $685/mo payment, not borrower’s personal income.
Condo
Built in 1892
N/A lot
$N/A/sqft
$6,120 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26209, Snowshoe, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
12
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Listed by: Robert C Dunavent • Taylor Made Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1399
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.