2390 Limestone RdParsonsWV26287
Nearby investment properties with comparable rents
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
Rental property for sale in Parsons at 2390 Limestone Rd, Parsons, WV, 26287 priced at $272,000 pairs $1,691/mo rent with $117/mo cash flow after a $1,331/mo payment. Total monthly income equals $1,691/mo, and annual cash flow comes to $1,410/yr on $90,168 invested. Return on cash invested is 21.47% in year one, and rental yield stands at 7.46% on a $272,000 basis. Equity gained on principal adds $1,755/yr, and 5% annual appreciation accumulates to $75,149 by year five. Five-year ROI measures 110.71% and total cumulative return in cash reaches $99,821. For financing, Ziffy Mortgage’s DSCR program evaluates $1,691/mo property income against a $1,331/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1983
2.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26287, Parsons, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,532 (100%) |
| Owner Occupied HU | 935 (61.0%) |
| Renter Occupied HU | 249 (16.3%) |
| Vacant Housing Units | 348 (22.7%) |
| Median Home Value | $143,359 |
| Average Home Value | $180,064 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,367
Multi-Family
30
Businesses
137
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Nearby investment properties with comparable prices
Listed by: Kim Mcpherson • COLDWELL BANKER ARMSTRONG-DAVIS REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10153137
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 2024-02-07 10:15:58 PST