32 1st AveCassWV24927
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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 Cass at 32 1st Ave, Cass, WV, 24927 priced at $180,000 converts $1,386/mo rent into $345/mo cash flow after a $881/mo obligation. Total monthly income equals $1,386/mo, and annual cash flow totals $4,134/yr on $59,670 invested. Return on cash invested prints 26.84% in year one, and rental yield reads 9.24% against a $180,000 entry. Equity gained on principal adds $1,162/yr, while 5% annual appreciation compiles into $49,731 by year five. Five-year ROI reaches 139.52% and total cumulative return in cash sums $83,249. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,386/mo property income covering a $881/mo payment, not borrower’s personal income.
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24927, Cass, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 370 (100%) |
| Owner Occupied HU | 103 (27.8%) |
| Renter Occupied HU | 35 ( 9.5%) |
| Vacant Housing Units | 232 (62.7%) |
| Median Home Value | $168,750 |
| Average Home Value | $232,816 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
3
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Listed by: Heather M Pace • RE/MAX Country
Mls Name: GVMLS
Mls ID: #25-1289