23 Mindia LnAlum 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
Rental property for sale in Alum Creek at 23 Mindia Ln, Alum Creek, WV, 25003 offers $0/mo rent that, after a $1,708/mo payment. Total monthly income is $0/mo. Return on cash invested measures -1.03% in year one, and rental yield stands at 0% at a $349,000 entry. Equity gained on principal adds $2,252/yr while 5% annual appreciation compounds into $96,422 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,708/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
2 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Nicholas Cabell • Boone Realty, LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #277645
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.