306 W 6th AveRansonWV25438
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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 Ranson at 306 W 6th Ave, Ranson, WV, 25438 earns $187/mo cash flow from $1,778/mo rent with a $1,346/mo payment. Total monthly income totals $1,778/mo, and annual cash flow totals $2,242/yr on $91,163 capital. ROI tracks 22.37% on current figures, and rental yield reads 7.76% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 115.49% and total cumulative return in cash sums $105,287. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,778/mo property income instead of your personal income.
Single Family
Built in 1900
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25438, Ranson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 1,889 (61.8%) |
| Renter Occupied HU | 910 (29.7%) |
| Vacant Housing Units | 260 ( 8.5%) |
| Median Home Value | $247,073 |
| Average Home Value | $344,698 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
2,219
Multi-Family
897
Businesses
275
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Listed by: Bill Dixon • Dandridge Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #WVJF2017172