272 2nd StRainelleWV25962
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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 Rainelle at 272 2nd St, Rainelle, WV, 25962 priced at $115,000 converts $0/mo rent into after a $563/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.18% in year one, and rental yield reads 0% against a $115,000 entry. Equity gained on principal adds $742/yr, while 5% annual appreciation compiles into $31,772 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $563/mo payment, not borrower’s personal income.
Single Family
Built in 2019
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25962, Rainelle, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,810 (100%) |
| Owner Occupied HU | 1,094 (60.4%) |
| Renter Occupied HU | 341 (18.8%) |
| Vacant Housing Units | 375 (20.7%) |
| Median Home Value | $109,946 |
| Average Home Value | $142,774 |
Housing Distribution
Address Breakdown
Residential
1,494
Single Family
1,491
Multi-Family
3
Businesses
120
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Charles Eller • RE/MAX PLATINUM REALTY, LLC
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90440
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.