2906 Needmore RdBakerWV26801
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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 Baker at 2906 Needmore Rd, Baker, WV, 26801 uses $99,450 cash to close to unlock $630/yr annual cash flow and $53/mo monthly cash flow. Total monthly income runs $1,788/mo, and a $1,468/mo payment keeps the spread at $53/mo. Purchase price stands at $300,000, and rental yield measures 7.15% with $1,788/mo rent. Return on cash invested shows 20.54% in year one, and 5% annual appreciation builds toward $82,884 over five years. Five-year ROI reaches 105.73% and total cumulative return in cash records $105,144. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,788/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1940
1.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26801, Baker, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 803 (100%) |
| Owner Occupied HU | 412 (51.3%) |
| Renter Occupied HU | 91 (11.3%) |
| Vacant Housing Units | 300 (37.4%) |
| Median Home Value | $260,000 |
| Average Home Value | $343,465 |
Housing Distribution
Address Breakdown
Residential
564
Single Family
564
Multi-Family
0
Businesses
48
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Listed by: Lisa Jalufka • CENTURY 21 New Millennium
Mls Name: Bright MLS
Mls ID: #WVHD2003172