233 K StFarmingtonWV26571
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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 Farmington at 233 K St, Farmington, WV, 26571 priced at $320,000 converts $0/mo rent into after a $1,566/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.03% in year one, and rental yield reads 0% against a $320,000 entry. Equity gained on principal adds $2,065/yr, while 5% annual appreciation compiles into $88,410 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,566/mo payment, not borrower’s personal income.
Single Family
Built in 1920
41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26571, Farmington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,129 (100%) |
| Owner Occupied HU | 826 (73.2%) |
| Renter Occupied HU | 163 (14.4%) |
| Vacant Housing Units | 140 (12.4%) |
| Median Home Value | $143,182 |
| Average Home Value | $167,718 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
42
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: BRIAN FLOYD • FLOYD REAL ESTATE INC.
Mls Name: NCWV REIN
Mls ID: #10161126