32 Penny LnSummersvilleWV26651
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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 Summersville at 32 Penny Ln, Summersville, WV, 26651 at $375,000 posts ROI 19.23% with from $2,099/mo rent. Total monthly income equals $2,099/mo. Return on cash invested measures 19.23% and rental yield reads 6.72% at the current $375,000. Equity gained on principal adds $2,420/yr, and 5% annual appreciation supports $103,606 by year five. Five-year ROI prints 98.68% and total cumulative return in cash totals $122,667. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,099/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
4.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26651, Summersville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,443 (100%) |
| Owner Occupied HU | 2,876 (64.7%) |
| Renter Occupied HU | 982 (22.1%) |
| Vacant Housing Units | 585 (13.2%) |
| Median Home Value | $161,969 |
| Average Home Value | $224,848 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,894
Multi-Family
107
Businesses
515
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Listed by: Laura Norman • Castles and Creeks Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-630