306 W 6th AveRansonWV25438
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 306 W 6th Ave, Ranson, WV, 25438 in Ranson is narrow, $187/mo net on $1,778/mo rent after the $1,237/mo debt service, but the property operates at break-even-plus, not a loss. At $275,000 with a 7.76% yield, the long-run equity case via 5% appreciation ($75,977 over five years) and $2,533/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.44 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $115,791.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.8% | 5.2% |
| Monthly Cash Flow | $187 | $850 |
City averages based on Ranson market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,778 |
| Total Monthly Debt Service | $1,482 |
| DSCR Ratio | 1.20x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bill Dixon • Dandridge Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #WVJF2017172