291 Norvell DrBuckhannonWV26201
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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 Buckhannon at 291 Norvell Dr, Buckhannon, WV, 26201 with 5% annual appreciation on a $160,000 basis while $1,561/mo rent supports operations. Total monthly income totals $1,561/mo and a $783/mo payment preserves $635/mo for cash returns. Annual cash flow comes to $7,624/yr on $53,040 deployed, and return on cash invested reaches 34.28% in year one. Equity gained on principal adds $1,032/yr, and five-year appreciation sums $44,205 alongside rental yield of 11.71%. Five-year ROI measures 179.46% and total cumulative return in cash totals $95,186.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,561/mo property income versus a $783/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1983
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26201, Buckhannon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,510 (62.3%) |
| Renter Occupied HU | 2,222 (25.1%) |
| Vacant Housing Units | 1,118 (12.6%) |
| Median Home Value | $168,934 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
8,166
Single Family
7,989
Multi-Family
177
Businesses
757
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Listed by: CHARLENE STRADER • COUNTRY ROADS REALTY
Mls Name: NCWV REIN
Mls ID: #10161828