302 Smokey Mountain RdLost CreekWV26385
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
Rental property for sale in Lost Creek at 302 Smokey Mountain Rd, Lost Creek, WV, 26385 priced at $700,000 converts $2,945/mo rent into after a $3,426/mo obligation. Total monthly income equals $2,945/mo. Return on cash invested prints 14.3% in year one, and rental yield reads 5.05% against a $700,000 entry. Equity gained on principal adds $4,517/yr, while 5% annual appreciation compiles into $193,397 by year five. Five-year ROI reaches 72.2% and total cumulative return in cash sums $166,276. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,945/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 1991
59.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26385, Lost Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 1,142 (79.5%) |
| Renter Occupied HU | 180 (12.5%) |
| Vacant Housing Units | 114 ( 7.9%) |
| Median Home Value | $225,000 |
| Average Home Value | $264,825 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
46
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: CASSIE MOATS • GARTON REAL ESTATE GROUP
Mls Name: NCWV REIN
Mls ID: #10163026