316 Burton Hill RdBurtonWV26562
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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 Burton at 316 Burton Hill Rd, Burton, WV, 26562 generates $2,462/mo in rent and, after a $856/mo payment, leaves $1,450/mo in cash flow. Total monthly income is $2,462/mo, and annual cash flow is $17,400/yr on $57,979 invested. Return on cash invested sits at 49.92% in year one, and rental yield is 16.89% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 263.33% and total cumulative return in cash sums $152,676. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,462/mo property income rather than buyer’s personal income.
Lot
Built in N/A
48.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26562, Burton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 287 (100%) |
| Owner Occupied HU | 214 (74.6%) |
| Renter Occupied HU | 34 (11.8%) |
| Vacant Housing Units | 39 (13.6%) |
| Median Home Value | $250,000 |
| Average Home Value | $232,161 |
Housing Distribution
Address Breakdown
Residential
280
Single Family
280
Multi-Family
0
Businesses
7
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Listed by: Nancy Furby • ALL SERVICE REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156178
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2024-02-07 10:15:58 PST