297 Woodburn Run RdAlmaWV26320
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 Alma at 297 Woodburn Run Rd, Alma, WV, 26320 offers a 8.19% rental yield on a $335,000 purchase with $2,286/mo rent. Total monthly income registers $2,286/mo, and a $1,640/mo payment leaves $347/mo available for distribution. Annual cash flow reaches $4,168/yr on $111,053 to close, and return on cash invested stands at 23.66% in year one. Equity gained on principal adds $2,162/yr while 5% annual appreciation supports $92,554 over five years. Portfolio math shows five-year ROI at 122.47% and total cumulative return in cash at $136,004. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,286/mo property income against a $1,640/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2013
62.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26320, Alma, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 362 (100%) |
| Owner Occupied HU | 245 (67.7%) |
| Renter Occupied HU | 37 (10.2%) |
| Vacant Housing Units | 80 (22.1%) |
| Median Home Value | $104,435 |
| Average Home Value | $128,000 |
Housing Distribution
Address Breakdown
Residential
319
Single Family
319
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: James Walters • Adrian Properties WV, LLC
Mls Name: My State MLS
Mls ID: #11626386