3089 Edmond RdLookoutWV25868
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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
Rental property for sale in Lookout at 3089 Edmond Rd, Lookout, WV, 25868 generates $2,730/mo in rent and, after a $1,782/mo payment, leaves $562/mo in cash flow. Total monthly income is $2,730/mo, and annual cash flow is $6,742/yr on $120,666 invested. Return on cash invested sits at 25.5% in year one, and rental yield is 9% on a $364,000 entry. Equity gained on principal adds $2,349/yr, while 5% annual appreciation builds toward $100,566 over five years. Five-year ROI reaches 132.5% and total cumulative return in cash sums $159,881. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,730/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
2.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25868, Lookout, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 251 (74.5%) |
| Renter Occupied HU | 34 (10.1%) |
| Vacant Housing Units | 52 (15.4%) |
| Median Home Value | $160,096 |
| Average Home Value | $167,500 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
13
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Listed by: Brian Mink • BASS SINKO REAL ESTATE
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90523
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.