305 Springlea DrWinfieldWV25213
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 Winfield at 305 Springlea Dr, Winfield, WV, 25213 generates $1,888/mo in rent and, after a $1,023/mo payment, leaves $679/mo in cash flow. Total monthly income is $1,888/mo, and annual cash flow is $8,144/yr on $69,284 invested. Return on cash invested sits at 31.66% in year one, and rental yield is 10.84% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 165.36% and total cumulative return in cash sums $114,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,888/mo property income rather than buyer’s personal income.
Single Family
Built in 1992
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25213, Winfield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,522 (100%) |
| Owner Occupied HU | 1,926 (76.4%) |
| Renter Occupied HU | 447 (17.7%) |
| Vacant Housing Units | 149 ( 5.9%) |
| Median Home Value | $264,063 |
| Average Home Value | $285,776 |
Housing Distribution
Address Breakdown
Residential
2,473
Single Family
2,441
Multi-Family
32
Businesses
194
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Nearby investment properties with comparable prices
Listed by: Marie McDavid • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #280441