300 Adams StManningtonWV26582
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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 Mannington at 300 Adams St, Mannington, WV, 26582 uses $66,267 cash to close to unlock $4,917/yr annual cash flow and $410/mo monthly cash flow. Total monthly income runs $1,566/mo, and a $978/mo payment keeps the spread at $410/mo. Purchase price stands at $199,900, and rental yield measures 9.4% with $1,566/mo rent. Return on cash invested shows 27.33% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 142.12% and total cumulative return in cash records $94,177. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,566/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1905
8,189 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26582, Mannington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,678 (72.0%) |
| Renter Occupied HU | 329 (14.1%) |
| Vacant Housing Units | 323 (13.9%) |
| Median Home Value | $155,769 |
| Average Home Value | $179,993 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,989
Multi-Family
0
Businesses
100
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Listed by: MARY ANNE MULLENAX • KEYSTONE REALTY GROUP LLC
Mls Name: NCWV REIN
Mls ID: #10160703