3146 Old Route 33HornerWV26372
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
Investment property for sale in Horner at 3146 Old Route 33, Horner, WV, 26372 uses $56,322 cash to close to unlock $4,038/yr annual cash flow and $337/mo monthly cash flow. Total monthly income runs $1,320/mo, and a $832/mo payment keeps the spread at $337/mo. Purchase price stands at $169,900, and rental yield measures 9.32% with $1,320/mo rent. Return on cash invested shows 27.08% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 140.82% and total cumulative return in cash records $79,310. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,320/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26372, Horner, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 227 (72.1%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 50 (15.9%) |
| Median Home Value | $305,357 |
| Average Home Value | $316,013 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joe Pyle • Joe R. Pyle Complete Auction and Realty Service
Mls Name: My State MLS
Mls ID: #11349052