306 Clements StMoorefieldWV26836
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 Moorefield at 306 Clements St, Moorefield, WV, 26836 offers $971/mo rent that, after a $624/mo payment, leaves $233/mo cash flow. Total monthly income is $971/mo, and annual cash flow is $2,800/yr on $42,266 cash. Return on cash invested measures 26.53% in year one, and rental yield stands at 9.14% at a $127,500 entry. Equity gained on principal adds $823/yr while 5% annual appreciation compounds into $35,226 by year five. Five-year ROI records 137.92% and total cumulative return in cash reaches $58,294. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $971/mo property income versus a $624/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1991
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26836, Moorefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,469 (100%) |
| Owner Occupied HU | 1,824 (52.6%) |
| Renter Occupied HU | 1,023 (29.5%) |
| Vacant Housing Units | 622 (17.9%) |
| Median Home Value | $160,458 |
| Average Home Value | $188,198 |
Housing Distribution
Address Breakdown
Residential
2,812
Single Family
2,742
Multi-Family
70
Businesses
355
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Listed by: Josh See • Old Dominion Realty
Mls Name: Bright MLS
Mls ID: #WVHD2003046