231 Pleasant Colony DrEvansWV25241
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Nearby investment properties with comparable prices
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 Evans at 231 Pleasant Colony Dr, Evans, WV, 25241 offers a 8.1% rental yield on a $329,000 purchase with $2,222/mo rent. Total monthly income registers $2,222/mo, and a $1,610/mo payment leaves $302/mo available for distribution. Annual cash flow reaches $3,624/yr on $109,064 to close, and return on cash invested stands at 23.23% in year one. Equity gained on principal adds $2,123/yr while 5% annual appreciation supports $90,897 over five years. Portfolio math shows five-year ROI at 120.19% and total cumulative return in cash at $131,085. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,222/mo property income against a $1,610/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
0.26 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25241, Evans, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 591 (81.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 53 ( 7.3%) |
| Median Home Value | $228,833 |
| Average Home Value | $289,154 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
18
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Listed by: Cheryl A. Donohoe • Cunningham Realty
Mls Name: KVBR
Mls Provider:
Mls ID: #279158
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.