31 Fairview DrPeterstownWV24963
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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 Peterstown at 31 Fairview Dr, Peterstown, WV, 24963 offers $1,508/mo rent that, after a $1,248/mo payment, leaves $33/mo cash flow. Total monthly income is $1,508/mo, and annual cash flow is $392/yr on $84,533 cash. Return on cash invested measures 20.37% in year one, and rental yield stands at 7.1% at a $255,000 entry. Equity gained on principal adds $1,645/yr while 5% annual appreciation compounds into $70,452 by year five. Five-year ROI records 104.8% and total cumulative return in cash reaches $88,592. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,508/mo property income versus a $1,248/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24963, Peterstown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,824 (100%) |
| Owner Occupied HU | 1,241 (68.0%) |
| Renter Occupied HU | 337 (18.5%) |
| Vacant Housing Units | 246 (13.5%) |
| Median Home Value | $160,469 |
| Average Home Value | $172,472 |
Housing Distribution
Address Breakdown
Residential
1,437
Single Family
1,437
Multi-Family
0
Businesses
68
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Listed by: Joyce L Surbaugh • Coldwell Banker Stuart and Watts Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-1121
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.