244 Muddy RdAugustaWV26704
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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
Investment property for sale in Augusta at 244 Muddy Rd, Augusta, WV, 26704 uses $72,897 cash to close to unlock $2,207/yr annual cash flow and $184/mo monthly cash flow. Total monthly income runs $1,456/mo, and a $1,076/mo payment keeps the spread at $184/mo. Purchase price stands at $219,900, and rental yield measures 7.95% with $1,456/mo rent. Return on cash invested shows 22.94% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 118.55% and total cumulative return in cash records $86,416. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,456/mo property income covering a $1,076/mo payment rather than investor’s personal income.
Manufactured
Built in 1987
9.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26704, Augusta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,820 (66.1%) |
| Renter Occupied HU | 367 (13.3%) |
| Vacant Housing Units | 566 (20.6%) |
| Median Home Value | $229,500 |
| Average Home Value | $260,714 |
Housing Distribution
Address Breakdown
Residential
2,141
Single Family
2,141
Multi-Family
0
Businesses
66
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Listed by: Susan Wathen • EXP Realty, LLC
Mls Name: Bright MLS
Mls ID: #WVHS2006758