242 Mile CrkMidkiffWV25540
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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 Midkiff at 242 Mile Crk, Midkiff, WV, 25540 generates $939/mo in rent and, after a $612/mo payment, leaves $216/mo in cash flow. Total monthly income is $939/mo, and annual cash flow is $2,587/yr on $41,438 invested. Return on cash invested sits at 26.15% in year one, and rental yield is 9.01% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 135.86% and total cumulative return in cash sums $56,297. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $939/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25540, Midkiff, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 60 (100%) |
| Owner Occupied HU | 38 (63.3%) |
| Renter Occupied HU | 3 ( 5.0%) |
| Vacant Housing Units | 19 (31.7%) |
| Median Home Value | $85,000 |
| Average Home Value | $166,974 |
Housing Distribution
Address Breakdown
Residential
97
Single Family
97
Multi-Family
0
Businesses
3
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Listed by: Patrick Rayl • Impact Realty Group
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180154
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.