250 Forest DrRidgeleyWV26753
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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
Total monthly income runs $1,589/mo, and a $2,198/mo payment. Purchase price stands at $449,000, and rental yield measures 4.25% with $1,589/mo rent. Return on cash invested shows 11.77% in year one, and 5% annual appreciation builds toward $124,050 over five years. Five-year ROI reaches 58.68% and total cumulative return in cash records $87,340. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,589/mo property income covering a $2,198/mo payment rather than investor’s personal income.
Single Family
Built in 1974
3.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26753, Ridgeley, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,934 (100%) |
| Owner Occupied HU | 2,274 (77.5%) |
| Renter Occupied HU | 445 (15.2%) |
| Vacant Housing Units | 215 ( 7.3%) |
| Median Home Value | $238,770 |
| Average Home Value | $315,654 |
Housing Distribution
Address Breakdown
Residential
2,352
Single Family
2,352
Multi-Family
0
Businesses
116
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Listed by: Tammy Natolly • The Goodfellow Agency
Mls Name: Bright MLS
Mls ID: #WVMI2003824