31 Fork Creek RdNellisWV25142
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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 Nellis at 31 Fork Creek Rd, Nellis, WV, 25142 priced at $199,000 converts $0/mo rent into after a $974/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -1.04% in year one, and rental yield reads 0% against a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation compiles into $54,980 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $974/mo payment, not borrower’s personal income.
Multi Family
Built in N/A
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25142, Nellis, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 204 (100%) |
| Owner Occupied HU | 137 (67.2%) |
| Renter Occupied HU | 45 (22.1%) |
| Vacant Housing Units | 22 (10.8%) |
| Median Home Value | $99,000 |
| Average Home Value | $177,117 |
Housing Distribution
Address Breakdown
Residential
77
Single Family
77
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Debra Peters • Boone Realty, LLC
Mls Name: KVBR
Mls ID: #279674