2302 Red Rock RdRowlesburgWV26425
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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 Rowlesburg at 2302 Red Rock Rd, Rowlesburg, WV, 26425 priced at $300,000 pairs $1,381/mo rent with after a $1,468/mo payment. Total monthly income equals $1,381/mo. Return on cash invested is 15.63% in year one, and rental yield stands at 5.52% on a $300,000 basis. Equity gained on principal adds $1,936/yr, and 5% annual appreciation accumulates to $82,884 by year five. Five-year ROI measures 79.38% and total cumulative return in cash reaches $78,948. For financing, Ziffy Mortgage’s DSCR program evaluates $1,381/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26425, Rowlesburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 537 (100%) |
| Owner Occupied HU | 338 (62.9%) |
| Renter Occupied HU | 69 (12.8%) |
| Vacant Housing Units | 130 (24.2%) |
| Median Home Value | $109,868 |
| Average Home Value | $133,617 |
Housing Distribution
Address Breakdown
Residential
291
Single Family
291
Multi-Family
0
Businesses
23
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Listed by: Jessica Lipscomb • HOUSES & MORE REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157380
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-02-18 03:42:06 PST