242 Sand Knob RdNimitzWV25978
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 Nimitz at 242 Sand Knob Rd, Nimitz, WV, 25978 priced at $299,900 pairs $1,723/mo rent with after a $1,468/mo payment. Total monthly income equals $1,723/mo. Return on cash invested is 19.76% in year one, and rental yield stands at 6.89% on a $299,900 basis. Equity gained on principal adds $1,935/yr, and 5% annual appreciation accumulates to $82,857 by year five. Five-year ROI measures 101.52% and total cumulative return in cash reaches $100,924. For financing, Ziffy Mortgage’s DSCR program evaluates $1,723/mo property income against a $1,468/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25978, Nimitz, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 317 (100%) |
| Owner Occupied HU | 208 (65.6%) |
| Renter Occupied HU | 47 (14.8%) |
| Vacant Housing Units | 62 (19.6%) |
| Median Home Value | $163,043 |
| Average Home Value | $160,974 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kathryn Williams • ALTRUIST REALTY GROUP
Mls Name: All West Virginia MLS
Mls ID: #93018