248 Flesher RdPalestineWV26160
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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 Palestine at 248 Flesher Rd, Palestine, WV, 26160 uses $180,917 cash to close to unlock $3,668/yr annual cash flow and $306/mo monthly cash flow. Total monthly income runs $3,487/mo, and a $2,691/mo payment keeps the spread at $306/mo. Purchase price stands at $549,900, and rental yield measures 7.61% with $3,487/mo rent. Return on cash invested shows 22.09% in year one, and 5% annual appreciation builds toward $151,927 over five years. Five-year ROI reaches 113.95% and total cumulative return in cash records $206,162. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,487/mo property income covering a $2,691/mo payment rather than investor’s personal income.
Single Family
Built in 2013
233.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26160, Palestine, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 531 (100%) |
| Owner Occupied HU | 364 (68.5%) |
| Renter Occupied HU | 37 ( 7.0%) |
| Vacant Housing Units | 130 (24.5%) |
| Median Home Value | $123,649 |
| Average Home Value | $148,345 |
Housing Distribution
Address Breakdown
Residential
411
Single Family
411
Multi-Family
0
Businesses
4
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Listed by: Jessica Lynn Jarrett • Century 21 Full Service Realty
Mls Name: KVBR
Mls Provider:
Mls ID: #274211
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.