252 W Birch LnRomneyWV26757
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
Investment Highlights
Rental property for sale in Romney at 252 W Birch Ln, Romney, WV, 26757 offers $1,508/mo rent that, after a $842/mo payment, leaves $513/mo cash flow. Total monthly income is $1,508/mo, and annual cash flow is $6,152/yr on $57,018 cash. Return on cash invested measures 30.7% in year one, and rental yield stands at 10.52% at a $172,000 entry. Equity gained on principal adds $1,110/yr while 5% annual appreciation compounds into $47,520 by year five. Five-year ROI records 160.18% and total cumulative return in cash reaches $91,333. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,508/mo property income versus a $842/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
6,050 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
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Listed by: Kate Nazelrod • Pioneer Ridge Realty
Mls Name: Bright MLS
Mls ID: #WVHS2006084