242 Bearhunter EstElkinsWV26241
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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 Elkins at 242 Bearhunter Est, Elkins, WV, 26241 priced at $299,000 converts $2,755/mo rent into $1,025/mo cash flow after a $1,463/mo obligation. Total monthly income equals $2,755/mo, and annual cash flow totals $12,305/yr on $99,119 invested. Return on cash invested prints 32.32% in year one, and rental yield reads 11.06% against a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation compiles into $82,608 by year five. Five-year ROI reaches 168.9% and total cumulative return in cash sums $167,410. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,755/mo property income covering a $1,463/mo payment, not borrower’s personal income.
Single Family
Built in 1970
2.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26241, Elkins, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,733 (100%) |
| Owner Occupied HU | 3,834 (56.9%) |
| Renter Occupied HU | 1,986 (29.5%) |
| Vacant Housing Units | 913 (13.6%) |
| Median Home Value | $160,805 |
| Average Home Value | $197,956 |
Housing Distribution
Address Breakdown
Residential
6,290
Single Family
6,090
Multi-Family
200
Businesses
848
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Listed by: TAMMY BRADY • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10161557