2292 Bert Williams RdWaitevilleWV24984
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
Rental property for sale in Waiteville at 2292 Bert Williams Rd, Waiteville, WV, 24984 offers $1,318/mo rent that, after a $710/mo payment, leaves $479/mo cash flow. Total monthly income is $1,318/mo, and annual cash flow is $5,745/yr on $48,068 cash. Return on cash invested measures 31.86% in year one, and rental yield stands at 10.91% at a $145,000 entry. Equity gained on principal adds $936/yr while 5% annual appreciation compounds into $40,061 by year five. Five-year ROI records 166.41% and total cumulative return in cash reaches $79,988. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,318/mo property income versus a $710/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1910
2.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24984, Waiteville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 117 (100%) |
| Owner Occupied HU | 52 (44.4%) |
| Renter Occupied HU | 8 ( 6.8%) |
| Vacant Housing Units | 57 (48.7%) |
| Median Home Value | $121,875 |
| Average Home Value | $235,865 |
Housing Distribution
Address Breakdown
Residential
99
Single Family
99
Multi-Family
0
Businesses
0
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Listed by: Debbie Echols • Coldwell Banker Stuart and Watts Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-523
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.