245 Rowan RdWhite Sulphur SpringsWV24986
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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 White Sulphur Springs at 245 Rowan Rd, White Sulphur Springs, WV, 24986 uses $52,709 cash to close to unlock $6,315/yr annual cash flow and $526/mo monthly cash flow. Total monthly income runs $1,446/mo, and a $778/mo payment keeps the spread at $526/mo. Purchase price stands at $159,000, and rental yield measures 10.91% with $1,446/mo rent. Return on cash invested shows 31.89% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 166.63% and total cumulative return in cash records $87,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,446/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 2003
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24986, White Sulphur Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,983 (100%) |
| Owner Occupied HU | 1,465 (49.1%) |
| Renter Occupied HU | 582 (19.5%) |
| Vacant Housing Units | 936 (31.4%) |
| Median Home Value | $136,922 |
| Average Home Value | $166,997 |
Housing Distribution
Address Breakdown
Residential
2,293
Single Family
2,285
Multi-Family
8
Businesses
191
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Listed by: Alinda Lee Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #26-91