2554 Simpson RdFlemingtonWV26347
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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 Flemington at 2554 Simpson Rd, Flemington, WV, 26347 offers a 9.17% rental yield on a $115,000 purchase with $879/mo rent. Total monthly income registers $879/mo, and a $563/mo payment leaves $213/mo available for distribution. Annual cash flow reaches $2,562/yr on $38,123 to close, and return on cash invested stands at 26.63% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 138.46% and total cumulative return in cash at $52,785. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $879/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26347, Flemington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,115 (100%) |
| Owner Occupied HU | 819 (73.5%) |
| Renter Occupied HU | 169 (15.2%) |
| Vacant Housing Units | 127 (11.4%) |
| Median Home Value | $151,750 |
| Average Home Value | $195,705 |
Housing Distribution
Address Breakdown
Residential
768
Single Family
768
Multi-Family
0
Businesses
25
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Listed by: CALA HAYES • BERKSHIRE HATHAWAY HOMESERVICES TOUCHDOWN HOME PROS REALTY
Mls Name: NCWV REIN
Mls ID: #10163113