2720 Seneca Trl NSinks GroveWV24976
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Sinks Grove at 2720 Seneca Trl N, Sinks Grove, WV, 24976 uses $72,764 cash to close to unlock $1,179/yr annual cash flow and $98/mo monthly cash flow. Total monthly income runs $1,368/mo, and a $1,074/mo payment keeps the spread at $98/mo. Purchase price stands at $219,500, and rental yield measures 7.48% with $1,368/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $60,644 over five years. Five-year ROI reaches 111.05% and total cumulative return in cash records $80,806. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,368/mo property income covering a $1,074/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24976, Sinks Grove, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 425 (100%) |
| Owner Occupied HU | 323 (76.0%) |
| Renter Occupied HU | 46 (10.8%) |
| Vacant Housing Units | 56 (13.2%) |
| Median Home Value | $152,009 |
| Average Home Value | $256,912 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
12
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Shannon L Parker • Patterson & Co. Luxury Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1300
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.