301 W High AveTerra AltaWV26764
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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
Rental property for sale in Terra Alta at 301 W High Ave, Terra Alta, WV, 26764 priced at $125,000 converts $1,128/mo rent into $405/mo cash flow after a $612/mo obligation. Total monthly income equals $1,128/mo, and annual cash flow totals $4,855/yr on $41,438 invested. Return on cash invested prints 31.62% in year one, and rental yield reads 10.83% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 165.17% and total cumulative return in cash sums $68,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,128/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in N/A
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Roxanna Helmick • Cypress Properties
Mls Name: My State MLS
Mls ID: #11579345