32 Hickory Ridge LnMount NeboWV26679
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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 Mount Nebo at 32 Hickory Ridge Ln, Mount Nebo, WV, 26679 priced at $880,000 pairs $2,111/mo rent with after a $4,307/mo payment. Total monthly income equals $2,111/mo. Return on cash invested is 7.71% in year one, and rental yield stands at 2.88% on a $880,000 basis. Equity gained on principal adds $5,679/yr, and 5% annual appreciation accumulates to $243,128 by year five. Five-year ROI measures 36.84% and total cumulative return in cash reaches $106,664. For financing, Ziffy Mortgage’s DSCR program evaluates $2,111/mo property income against a $4,307/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
2.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Listed by: Katie A Boggs • Real Estate Limited
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-933
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.