2309 Silver CrkSnowshoeWV26209
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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 Snowshoe at 2309 Silver Crk, Snowshoe, WV, 26209 generates $1,013/mo in rent and, after a $625/mo payment, leaves $274/mo in cash flow. Total monthly income is $1,013/mo, and annual cash flow is $3,290/yr on $42,333 invested. Return on cash invested sits at 27.68% in year one, and rental yield is 9.52% on a $127,700 entry. Equity gained on principal adds $824/yr, while 5% annual appreciation builds toward $35,281 over five years. Five-year ROI reaches 144.06% and total cumulative return in cash sums $60,985. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,013/mo property income rather than buyer’s personal income.
Condo
Built in 1988
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26209, Snowshoe, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
12
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Listed by: Ginger L Brush • First Tracts Real Estate, LLC
Mls Name: GVMLS
Mls ID: #25-1361