308 2nd AveRipleyWV25271
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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 Ripley at 308 2nd Ave, Ripley, WV, 25271 with 5% annual appreciation on a $197,000 basis while $1,298/mo rent supports operations. Total monthly income totals $1,298/mo and a $964/mo payment preserves $158/mo for cash returns. Annual cash flow comes to $1,900/yr on $65,306 deployed, and return on cash invested reaches 22.82% in year one. Equity gained on principal adds $1,271/yr, and five-year appreciation sums $54,427 alongside rental yield of 7.91%. Five-year ROI measures 117.93% and total cumulative return in cash totals $77,018.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,298/mo property income versus a $964/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
10,323 sqft lot
$N/A/sqft
No HOA
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Listed by: Fonda Moore • The Agency, LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #276810
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.