262 Clay StAldersonWV24910
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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 Alderson at 262 Clay St, Alderson, WV, 24910 generates $1,469/mo in rent and, after a $881/mo payment, leaves $428/mo in cash flow. Total monthly income is $1,469/mo, and annual cash flow is $5,130/yr on $59,670 invested. Return on cash invested sits at 28.51% in year one, and rental yield is 9.79% on a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 148.46% and total cumulative return in cash sums $88,589. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,469/mo property income rather than buyer’s personal income.
Single Family
Built in 1948
8,712 sqft 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
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Listed by: Renee Harvey • Country Road Realty, LLC
Mls Name: GVMLS
Mls ID: #25-1452