308 Greenwoods DrBerkeley SpringsWV25411
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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 Berkeley Springs at 308 Greenwoods Dr, Berkeley Springs, WV, 25411 offers a 7.72% rental yield on a $379,900 purchase with $2,444/mo rent. Total monthly income registers $2,444/mo, and a $1,859/mo payment leaves $246/mo available for distribution. Annual cash flow reaches $2,955/yr on $125,937 to close, and return on cash invested stands at 22.26% in year one. Equity gained on principal adds $2,451/yr while 5% annual appreciation supports $104,959 over five years. Portfolio math shows five-year ROI at 114.93% and total cumulative return in cash at $144,737. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,444/mo property income against a $1,859/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1986
8.82 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25411, Berkeley Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,530 (100%) |
| Owner Occupied HU | 4,442 (68.0%) |
| Renter Occupied HU | 958 (14.7%) |
| Vacant Housing Units | 1,130 (17.3%) |
| Median Home Value | $238,613 |
| Average Home Value | $267,345 |
Housing Distribution
Address Breakdown
Residential
6,018
Single Family
6,016
Multi-Family
2
Businesses
441
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Listed by: Nasir Bajwa • Bajwa Commercial Real Estate
Mls Name: Bright MLS
Mls ID: #WVMO2007032