23 Friendly DrAlum CreekWV25003
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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 Alum Creek at 23 Friendly Dr, Alum Creek, WV, 25003 listed at $193,000 pairs $1,452/mo rent with a $945/mo payment to leave $335/mo cash flow. Total monthly income runs $1,452/mo, and annual cash flow reaches $4,019/yr on $63,980 cash to close. Return on cash invested measures 26.19% in year one, and rental yield registers 9.03% at a $193,000 basis. Equity gained on principal adds $1,245/yr, and annual property appreciation at 5% supports $53,322 by year five. Five-year ROI tracks 135.99% and total cumulative return in cash totals $87,006. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,452/mo property income relative to a $945/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1945
19 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25003, Alum Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 783 (72.2%) |
| Renter Occupied HU | 188 (17.3%) |
| Vacant Housing Units | 113 (10.4%) |
| Median Home Value | $160,352 |
| Average Home Value | $190,980 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
869
Multi-Family
28
Businesses
59
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Listed by: Christa Vance • Old Colony
Mls Name: KVBR
Mls ID: #281631