254 Tanyard RdSmootWV24977
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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
Rental property for sale in Smoot at 254 Tanyard Rd, Smoot, WV, 24977 priced at $235,000 converts $1,237/mo rent into after a $1,150/mo obligation. Total monthly income equals $1,237/mo. Return on cash invested prints 18.02% in year one, and rental yield reads 6.32% against a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,926 by year five. Five-year ROI reaches 92.2% and total cumulative return in cash sums $71,824. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,237/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Manufactured
Built in 1977
17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24977, Smoot, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 217 (72.3%) |
| Renter Occupied HU | 36 (12.0%) |
| Vacant Housing Units | 47 (15.7%) |
| Median Home Value | $191,447 |
| Average Home Value | $227,500 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
9
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Listed by: Renee Harvey • Country Road Realty, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-598
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.