308 Spruce LnPocaWV25159
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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 Poca at 308 Spruce Ln, Poca, WV, 25159 earns $703/mo cash flow from $2,261/mo rent with a $1,297/mo payment. Total monthly income totals $2,261/mo, and annual cash flow totals $8,433/yr on $87,848 capital. ROI tracks 29.51% on current figures, and rental yield reads 10.24% at a $265,000 purchase. Equity gained on principal adds $1,710/yr, and 5% annual appreciation supports $73,215 over five years. Five-year ROI reaches 153.93% and total cumulative return in cash sums $135,219. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,261/mo property income instead of your personal income.
Single Family
Built in 1978
0.29 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25159, Poca, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,267 (100%) |
| Owner Occupied HU | 1,689 (74.5%) |
| Renter Occupied HU | 341 (15.0%) |
| Vacant Housing Units | 237 (10.5%) |
| Median Home Value | $161,756 |
| Average Home Value | $191,979 |
Housing Distribution
Address Breakdown
Residential
1,955
Single Family
1,948
Multi-Family
7
Businesses
111
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Nearby investment properties with comparable prices
Listed by: Misty Lemons • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #277569
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.