318 Harpertown RdElkinsWV26241
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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
Investment property for sale in Elkins at 318 Harpertown Rd, Elkins, WV, 26241 with 5% annual appreciation on a $149,000 basis while $1,119/mo rent supports operations. Total monthly income totals $1,119/mo and a $729/mo payment preserves $257/mo for cash returns. Annual cash flow comes to $3,086/yr on $49,394 deployed, and return on cash invested reaches 26.16% in year one. Equity gained on principal adds $961/yr, and five-year appreciation sums $41,166 alongside rental yield of 9.01%. Five-year ROI measures 135.91% and total cumulative return in cash totals $67,132.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,119/mo property income versus a $729/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26241, Elkins, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,733 (100%) |
| Owner Occupied HU | 3,834 (56.9%) |
| Renter Occupied HU | 1,986 (29.5%) |
| Vacant Housing Units | 913 (13.6%) |
| Median Home Value | $160,805 |
| Average Home Value | $197,956 |
Housing Distribution
Address Breakdown
Residential
6,290
Single Family
6,090
Multi-Family
200
Businesses
848
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Listed by: CHRISTOPHER PUDDER • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10161485