266 Elderberry LnGerrardstownWV25420
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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 Gerrardstown at 266 Elderberry Ln, Gerrardstown, WV, 25420 uses $86,190 cash to close to unlock $11,618/yr annual cash flow and $968/mo monthly cash flow. Total monthly income runs $2,473/mo, and a $1,273/mo payment keeps the spread at $968/mo. Purchase price stands at $260,000, and rental yield measures 11.41% with $2,473/mo rent. Return on cash invested shows 33.39% in year one, and 5% annual appreciation builds toward $71,833 over five years. Five-year ROI reaches 174.65% and total cumulative return in cash records $150,533. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,473/mo property income covering a $1,273/mo payment rather than investor’s personal income.
Single Family
Built in 1981
3.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25420, Gerrardstown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,636 (83.8%) |
| Renter Occupied HU | 210 (10.8%) |
| Vacant Housing Units | 106 ( 5.4%) |
| Median Home Value | $343,284 |
| Average Home Value | $358,495 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,806
Multi-Family
0
Businesses
37
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Listed by: Kristen Winters • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls ID: #WVBE2046178