298 Chapman RdNew CumberlandWV26047
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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
Total monthly income runs $720/mo, and a $1,659/mo payment. Purchase price stands at $339,000, and rental yield measures 2.55% with $720/mo rent. Return on cash invested shows 6.65% in year one, and 5% annual appreciation builds toward $93,659 over five years. Five-year ROI reaches 31.23% and total cumulative return in cash records $35,092. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $720/mo property income covering a $1,659/mo payment rather than investor’s personal income.
Single Family
Built in 1972
3.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26047, New Cumberland, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,909 (100%) |
| Owner Occupied HU | 2,092 (71.9%) |
| Renter Occupied HU | 495 (17.0%) |
| Vacant Housing Units | 322 (11.1%) |
| Median Home Value | $154,821 |
| Average Home Value | $167,937 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,393
Multi-Family
109
Businesses
94
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Listed by: Ruth A Foutty • Century 21 Greathouse Realty, LLC
Mls Name: MLS Now
Mls ID: #5161004