302 Riverside DrMadisonWV25130
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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 Madison at 302 Riverside Dr, Madison, WV, 25130 generates $949/mo in rent, after a $2,203/mo payment. Total monthly income is $949/mo. Return on cash invested sits at 6.59% in year one, and rental yield is 2.53% on a $450,000 entry. Equity gained on principal adds $2,904/yr, while 5% annual appreciation builds toward $124,327 over five years. Five-year ROI reaches 30.91% and total cumulative return in cash sums $46,110. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $949/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
4,007 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25130, Madison, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,911 (100%) |
| Owner Occupied HU | 1,182 (61.9%) |
| Renter Occupied HU | 461 (24.1%) |
| Vacant Housing Units | 268 (14.0%) |
| Median Home Value | $123,821 |
| Average Home Value | $185,573 |
Housing Distribution
Address Breakdown
Residential
1,226
Single Family
1,202
Multi-Family
24
Businesses
164
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Listed by: Ashlee McNeely • Boone Realty, LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #272851
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.