289 N Main StFranklinWV26807
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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 Franklin at 289 N Main St, Franklin, WV, 26807 listed at $249,900 pairs $480/mo rent with a $1,223/mo payment. Total monthly income runs $480/mo. Return on cash invested measures 5.92% in year one, and rental yield registers 2.3% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 27.34% and total cumulative return in cash totals $22,646. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $480/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26807, Franklin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 852 (62.3%) |
| Renter Occupied HU | 193 (14.1%) |
| Vacant Housing Units | 322 (23.6%) |
| Median Home Value | $204,000 |
| Average Home Value | $270,789 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
137
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Listed by: Susan Melendez • Kline May Realty
Mls Name: CAAR
Mls Provider:
Mls ID: #663612