310 Rainbow RdWardensvilleWV26851
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Wardensville at 310 Rainbow Rd, Wardensville, WV, 26851 offers $1,442/mo rent that, after a $1,498/mo payment. Total monthly income is $1,442/mo. Return on cash invested measures 16.02% in year one, and rental yield stands at 5.65% at a $306,000 entry. Equity gained on principal adds $1,975/yr while 5% annual appreciation compounds into $84,542 by year five. Five-year ROI records 81.49% and total cumulative return in cash reaches $82,668. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,442/mo property income versus a $1,498/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
3.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26851, Wardensville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,312 (100%) |
| Owner Occupied HU | 752 (57.3%) |
| Renter Occupied HU | 162 (12.3%) |
| Vacant Housing Units | 398 (30.3%) |
| Median Home Value | $223,295 |
| Average Home Value | $243,381 |
Housing Distribution
Address Breakdown
Residential
867
Single Family
867
Multi-Family
0
Businesses
45
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Nearby investment properties with comparable prices
Listed by: Amy Longerbeam • RE/MAX Roots
Mls Name: Bright MLS
Mls ID: #WVHD2002908