310 Hope School RdRockportWV26169
Nearby investment properties with comparable rents
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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 Rockport at 310 Hope School Rd, Rockport, WV, 26169 priced at $399,000 converts $2,149/mo rent into after a $1,953/mo obligation. Total monthly income equals $2,149/mo. Return on cash invested prints 18.46% in year one, and rental yield reads 6.46% against a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation compiles into $110,236 by year five. Five-year ROI reaches 94.56% and total cumulative return in cash sums $125,078. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,149/mo property income covering a $1,953/mo payment, not borrower’s personal income.
Single Family
Built in N/A
10.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26169, Rockport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 279 (76.9%) |
| Renter Occupied HU | 47 (12.9%) |
| Vacant Housing Units | 37 (10.2%) |
| Median Home Value | $271,296 |
| Average Home Value | $329,471 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
332
Multi-Family
0
Businesses
4
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Nearby investment properties with comparable prices
Listed by: Patricia Tennant • Appalachian Realty Group LLC
Mls Name: KVBR
Mls ID: #279620