256 Maple Ave EAldersonWV24910
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
Investment property for sale in Alderson at 256 Maple Ave E, Alderson, WV, 24910 uses $62,488 cash to close to unlock $4,175/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,439/mo, and a $923/mo payment keeps the spread at $348/mo. Purchase price stands at $188,500, and rental yield measures 9.16% with $1,439/mo rent. Return on cash invested shows 26.59% in year one, and 5% annual appreciation builds toward $52,079 over five years. Five-year ROI reaches 138.11% and total cumulative return in cash records $86,301. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,439/mo property income covering a $923/mo payment rather than investor’s personal income.
Single Family
Built in 1954
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24910, Alderson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,850 (100%) |
| Owner Occupied HU | 1,096 (59.2%) |
| Renter Occupied HU | 331 (17.9%) |
| Vacant Housing Units | 423 (22.9%) |
| Median Home Value | $149,211 |
| Average Home Value | $202,783 |
Housing Distribution
Address Breakdown
Residential
1,541
Single Family
1,541
Multi-Family
0
Businesses
86
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Curtis L Persinger Jr • Greenbrier Real Estate Service
Mls Name: GVMLS
Mls ID: #25-951