305 Washington DrMineral WellsWV26150
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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 Mineral Wells at 305 Washington Dr, Mineral Wells, WV, 26150 earns from $749/mo rent with a $783/mo payment. Total monthly income totals $749/mo. ROI tracks 15.91% on current figures, and rental yield reads 5.62% at a $160,000 purchase. Equity gained on principal adds $1,032/yr, and 5% annual appreciation supports $44,205 over five years. Five-year ROI reaches 80.91% and total cumulative return in cash sums $42,914. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $749/mo property income instead of your personal income.
Single Family
Built in 1980
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26150, Mineral Wells, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,855 (71.6%) |
| Renter Occupied HU | 501 (19.4%) |
| Vacant Housing Units | 233 ( 9.0%) |
| Median Home Value | $225,679 |
| Average Home Value | $271,953 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,574
Multi-Family
0
Businesses
158
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Listed by: Tiffany Cox • EXIT Riverbend Realty
Mls Name: MLS Now
Mls ID: #5174562