23601 Spruce River RdOttawaWV25149
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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 Ottawa at 23601 Spruce River Rd, Ottawa, WV, 25149 generates $850/mo in rent and, after a $536/mo payment, leaves $216/mo in cash flow. Total monthly income is $850/mo, and annual cash flow is $2,596/yr on $36,299 invested. Return on cash invested sits at 27.06% in year one, and rental yield is 9.32% on a $109,500 entry. Equity gained on principal adds $707/yr, while 5% annual appreciation builds toward $30,253 over five years. Five-year ROI reaches 140.76% and total cumulative return in cash sums $51,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $850/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25149, Ottawa, 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
4
Single Family
4
Multi-Family
0
Businesses
0
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Listed by: Sharon Mullins • Boone Realty, LLC
Mls Name: KVBR
Mls ID: #279856