247 Mount Zion RdMasontownWV26542
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
Investment property for sale in Masontown at 247 Mount Zion Rd, Masontown, WV, 26542 offers a 6.25% rental yield on a $145,000 purchase with $755/mo rent. 8% in year one. Equity gained on principal adds $936/yr while 5% annual appreciation supports $40,061 over five years. Portfolio math shows five-year ROI at 91.04% and total cumulative return in cash at $43,760. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $755/mo property income against a $710/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.77 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26542, Masontown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 782 (71.7%) |
| Renter Occupied HU | 185 (17.0%) |
| Vacant Housing Units | 124 (11.4%) |
| Median Home Value | $200,543 |
| Average Home Value | $233,290 |
Housing Distribution
Address Breakdown
Residential
728
Single Family
728
Multi-Family
0
Businesses
62
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tavien Hovatter • COMFORTABLE LIVING PROPERTIES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156760
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST