285 Dans WayRomneyWV26757
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
Rental property for sale in Romney at 285 Dans Way, Romney, WV, 26757 offers $2,909/mo rent that, after a $2,692/mo payment. Total monthly income is $2,909/mo. Return on cash invested measures 18.25% in year one, and rental yield stands at 6.35% at a $550,000 entry. Equity gained on principal adds $3,549/yr while 5% annual appreciation compounds into $151,955 by year five. Five-year ROI records 93.37% and total cumulative return in cash reaches $168,946. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,909/mo property income versus a $2,692/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
16.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Keenan Shanholtz • WEST VIRGINIA LAND & HOME REALTY
Mls Name: Bright MLS
Mls ID: #WVHS2007166