252 Ohio AveRainelleWV25962
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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
Investment Highlights
Rental property for sale in Rainelle at 252 Ohio Ave, Rainelle, WV, 25962 offers $1,192/mo rent that, after a $709/mo payment, leaves $354/mo cash flow. Total monthly income is $1,192/mo, and annual cash flow is $4,247/yr on $48,001 cash. Return on cash invested measures 28.76% in year one, and rental yield stands at 9.88% at a $144,800 entry. Equity gained on principal adds $934/yr while 5% annual appreciation compounds into $40,006 by year five. Five-year ROI records 149.78% and total cumulative return in cash reaches $71,897. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,192/mo property income versus a $709/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1948
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25962, Rainelle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,810 (100%) |
| Owner Occupied HU | 1,094 (60.4%) |
| Renter Occupied HU | 341 (18.8%) |
| Vacant Housing Units | 375 (20.7%) |
| Median Home Value | $109,946 |
| Average Home Value | $142,774 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,491
Multi-Family
3
Businesses
120
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Listed by: Alinda Lee Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-1496