269 Mountain Laurel Dr, Berkeley Springs, WV, 25411 | 2.83% Rental Yield

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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269 Mountain Laurel Dr, Berkeley Springs, WV, 25411 | 2.83% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Berkeley Springs at 269 Mountain Laurel Dr, Berkeley Springs, WV, 25411 generates $1,061/mo in rent, after a $2,203/mo payment. Total monthly income is $1,061/mo. Return on cash invested sits at 7.49% in year one, and rental yield is 2.83% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 35.74% and total cumulative return in cash sums $53,322. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,061/mo property income rather than buyer’s personal income.

Single Family

Built in 2000

3.74 Acres lot

$N/A/sqft

No HOA

More details about the property

You have to see to believe! This home has had lots of loving improvements. Living - dining- kitchen combo with stainless steel appliances, granite countertop, pantry, LVP flooring and high ceilings. 3 bedrooms, (1 large bedroom has attached bath, walk-in closet and a door onto a deck to enjoy your morning coffee from). Main level office or possible sleeping area. Beautiful entrance of a paved driveway, stone retaining wall and brick pavers enhance the beauty of the entrance to the home. 3.74 acres located off a paved HOA road in the Southern end of Morgan County. A storage shed also conveys. Enjoy close proximity to Cacapon State Park which is a 6,000-plus-acre, year-round destination. The park is a sought-after destination for nature lovers, adventure seekers and history buffs due to its proximity to the historic town of Berkeley Springs. Extend your stay by booking a room at the parks lodge the newest in the state park system in a cabin or the restored Old Inn. Cacapon Resort includes beautiful indoor and seasonal outdoor dining options, a full spa, and a championship golf course. Outdoor adventures like hiking, mountain biking and fishing are also available.

Neighborhood Data

Neighborhood data shown for ZIP Code: 25411, Berkeley Springs, WV area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	6,530 (100%)
Owner Occupied HU	4,442 (68.0%)
Renter Occupied HU	958 (14.7%)
Vacant Housing Units	1,130 (17.3%)
Median Home Value	$238,613
Average Home Value	$267,345