229 Hollis DrGerrardstownWV25420
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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 Gerrardstown at 229 Hollis Dr, Gerrardstown, WV, 25420 priced at $339,000 converts $2,317/mo rent into $356/mo cash flow after a $1,659/mo obligation. Total monthly income equals $2,317/mo, and annual cash flow totals $4,269/yr on $112,379 invested. Return on cash invested prints 23.71% in year one, and rental yield reads 8.2% against a $339,000 entry. Equity gained on principal adds $2,188/yr, while 5% annual appreciation compiles into $93,659 by year five. Five-year ROI reaches 122.69% and total cumulative return in cash sums $137,872. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,317/mo property income covering a $1,659/mo payment, not borrower’s personal income.
Single Family
Built in 1988
5.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25420, Gerrardstown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,636 (83.8%) |
| Renter Occupied HU | 210 (10.8%) |
| Vacant Housing Units | 106 ( 5.4%) |
| Median Home Value | $343,284 |
| Average Home Value | $358,495 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,806
Multi-Family
0
Businesses
37
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Listed by: Kaleb Hurley • Hurley Real Estate & Auctions
Mls Name: Bright MLS
Mls ID: #WVBE2046456