231 Chapman AveSpencerWV25276
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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 Spencer at 231 Chapman Ave, Spencer, WV, 25276 at $135,000 posts ROI 26.52% with $247/mo cash flow from $1,028/mo rent. Total monthly income equals $1,028/mo, and annual cash flow records $2,960/yr on $44,753 to close. Return on cash invested measures 26.52% and rental yield reads 9.14% at the current $135,000. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 by year five. Five-year ROI prints 137.83% and total cumulative return in cash totals $61,681.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,028/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1979
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
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Nearby investment properties with comparable prices
Listed by: David Sweeney • UNREAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10160239
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 2025-07-10 13:42:27 PDT