3040 Knobs RdUnionWV24983
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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 Union at 3040 Knobs Rd, Union, WV, 24983 uses $66,267 cash to close to unlock $3,453/yr annual cash flow and $288/mo monthly cash flow. Total monthly income runs $1,444/mo, and a $978/mo payment keeps the spread at $288/mo. Purchase price stands at $199,900, and rental yield measures 8.67% with $1,444/mo rent. Return on cash invested shows 25.12% in year one, and 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 130.27% and total cumulative return in cash records $86,329. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,444/mo property income covering a $978/mo payment rather than investor’s personal income.
Single Family
Built in 1958
12.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24983, Union, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 575 (65.0%) |
| Renter Occupied HU | 145 (16.4%) |
| Vacant Housing Units | 164 (18.6%) |
| Median Home Value | $176,875 |
| Average Home Value | $245,704 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
850
Multi-Family
1
Businesses
101
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Listed by: Tina Louise Walton • Walton Realty
Mls Name: GVMLS
Mls ID: #25-793