260 Morningside DrFalling WatersWV25419
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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 Falling Waters at 260 Morningside Dr, Falling Waters, WV, 25419 uses $82,842 cash to close to unlock $8,594/yr annual cash flow and $716/mo monthly cash flow. Total monthly income runs $2,162/mo, and a $1,223/mo payment keeps the spread at $716/mo. Purchase price stands at $249,900, and rental yield measures 10.38% with $2,162/mo rent. Return on cash invested shows 30.28% in year one, and 5% annual appreciation builds toward $69,043 over five years. Five-year ROI reaches 158% and total cumulative return in cash records $130,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,162/mo property income covering a $1,223/mo payment rather than investor’s personal income.
Townhouse
Built in 1996
2,178 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25419, Falling Waters, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,917 (100%) |
| Owner Occupied HU | 4,619 (78.1%) |
| Renter Occupied HU | 925 (15.6%) |
| Vacant Housing Units | 373 ( 6.3%) |
| Median Home Value | $343,353 |
| Average Home Value | $360,467 |
Housing Distribution
Address Breakdown
Residential
5,402
Single Family
5,247
Multi-Family
155
Businesses
166
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Listed by: Zach Rutherford • Burch Real Estate Group, LLC
Mls Name: Bright MLS
Mls ID: #WVBE2044114