256 Rimfire LdgSnowshoeWV26209
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 Snowshoe at 256 Rimfire Ldg, Snowshoe, WV, 26209 priced at $178,000 converts $1,074/mo rent into $44/mo cash flow after a $871/mo obligation. Total monthly income equals $1,074/mo, and annual cash flow totals $531/yr on $59,007 invested. Return on cash invested prints 20.81% in year one, and rental yield reads 7.24% against a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation compiles into $49,178 by year five. Five-year ROI reaches 107.2% and total cumulative return in cash sums $63,253. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,074/mo property income covering a $871/mo payment, not borrower’s personal income.
Condo
Built in 1999
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26209, Snowshoe, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: David M. Simmons • First Tracts Real Estate, LLC
Mls Name: GVMLS
Mls ID: #25-1443