251 Vaughan RdFrankfordWV24938
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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 Frankford at 251 Vaughan Rd, Frankford, WV, 24938 offers a 9.16% rental yield on a $129,000 purchase with $985/mo rent. Total monthly income registers $985/mo, and a $631/mo payment leaves $239/mo available for distribution. Annual cash flow reaches $2,868/yr on $42,764 to close, and return on cash invested stands at 26.62% in year one. Equity gained on principal adds $832/yr while 5% annual appreciation supports $35,640 over five years. Portfolio math shows five-year ROI at 138.23% and total cumulative return in cash at $59,113. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $985/mo property income against a $631/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1984
1.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24938, Frankford, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 444 (65.5%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 143 (21.1%) |
| Median Home Value | $223,810 |
| Average Home Value | $271,599 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
24
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Listed by: Casey M. Lambert • Fathom Realty, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-194
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.