2446 Grassy Meadows RdSmootWV24977
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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 Smoot at 2446 Grassy Meadows Rd, Smoot, WV, 24977 offers a 6.21% rental yield on a $500,000 purchase with $2,586/mo rent. 69% in year one. Equity gained on principal adds $3,226/yr while 5% annual appreciation supports $138,141 over five years. Portfolio math shows five-year ROI at 90.42% and total cumulative return in cash at $149,864. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,586/mo property income against a $2,447/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1996
7.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24977, Smoot, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 217 (72.3%) |
| Renter Occupied HU | 36 (12.0%) |
| Vacant Housing Units | 47 (15.7%) |
| Median Home Value | $191,447 |
| Average Home Value | $227,500 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
9
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Listed by: Landon Chaja • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-614
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.