2505 High Knob RdOld FieldsWV26845
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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 Old Fields at 2505 High Knob Rd, Old Fields, WV, 26845 uses $39,449 cash to close to unlock $2,963/yr annual cash flow and $247/mo monthly cash flow. Total monthly income runs $935/mo, and a $582/mo payment keeps the spread at $247/mo. Purchase price stands at $119,000, and rental yield measures 9.43% with $935/mo rent. Return on cash invested shows 27.42% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 142.62% and total cumulative return in cash records $56,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $935/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 2020
5.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26845, Old Fields, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 378 (100%) |
| Owner Occupied HU | 258 (68.3%) |
| Renter Occupied HU | 41 (10.8%) |
| Vacant Housing Units | 79 (20.9%) |
| Median Home Value | $174,519 |
| Average Home Value | $252,083 |
Housing Distribution
Address Breakdown
Residential
251
Single Family
251
Multi-Family
0
Businesses
11
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Listed by: Roxanna Helmick • Cypress Properties
Mls Name: My State MLS
Mls ID: #11335941