242 Grand StGraftonWV26354
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
Investment property for sale in Grafton at 242 Grand St, Grafton, WV, 26354 with 5% annual appreciation on a $230,000 basis while $1,711/mo rent supports operations. Total monthly income totals $1,711/mo and a $1,126/mo payment preserves $380/mo for cash returns. Annual cash flow comes to $4,559/yr on $76,245 deployed, and return on cash invested reaches 25.89% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,545 alongside rental yield of 8.93%. Five-year ROI measures 134.37% and total cumulative return in cash totals $102,451.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,711/mo property income versus a $1,126/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1897
6,159 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26354, Grafton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,572 (100%) |
| Owner Occupied HU | 3,140 (68.7%) |
| Renter Occupied HU | 962 (21.0%) |
| Vacant Housing Units | 470 (10.3%) |
| Median Home Value | $161,607 |
| Average Home Value | $228,300 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,080
Multi-Family
215
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MADISON ALASTANOS • MCNEELY REALTY GROUP
Mls Name: NCWV REIN
Mls ID: #10162492