2484 Spring Valley RdAsburyWV24916
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 2484 Spring Valley Rd, Asbury, WV, 24916 in Asbury. Rental yield 1.64%. At $825,000 with 1.64% gross yield, current distributions are modest, but the 5% appreciation rate projects $227,932 in new equity by year five, complemented by $7,598/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.30) allows non-U.S. residents to acquire without W-2s or domestic credit. Total projected five-year cumulative return: $76,724.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 1.6% | 6.2% |
| Monthly Cash Flow | $(3,647) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,127 |
| Total Monthly Debt Service | $4,445 |
| DSCR Ratio | 0.25x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
179.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24916, Asbury, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 150 (100%) |
| Owner Occupied HU | 101 (67.3%) |
| Renter Occupied HU | 26 (17.3%) |
| Vacant Housing Units | 23 (15.3%) |
| Median Home Value | $210,417 |
| Average Home Value | $254,752 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
6
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
Single Family
Built in 1900
179.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24916, Asbury, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 150 (100%) |
| Owner Occupied HU | 101 (67.3%) |
| Renter Occupied HU | 26 (17.3%) |
| Vacant Housing Units | 23 (15.3%) |
| Median Home Value | $210,417 |
| Average Home Value | $254,752 |
Housing Distribution
Address Breakdown
Residential
184
Single Family
184
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Richard Grist • Foxfire Realty
Mls Name: My State MLS
Mls ID: #11267812