3208 Old Leetown PikeRansonWV25438
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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 Ranson at 3208 Old Leetown Pike, Ranson, WV, 25438 uses $94,478 cash to close to unlock $3,923/yr annual cash flow and $327/mo monthly cash flow. Total monthly income runs $1,976/mo, and a $1,395/mo payment keeps the spread at $327/mo. Purchase price stands at $285,000, and rental yield measures 8.32% with $1,976/mo rent. Return on cash invested shows 24.06% in year one, and 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash records $117,702. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,976/mo property income covering a $1,395/mo payment rather than investor’s personal income.
Single Family
Built in 1968
0.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25438, Ranson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 1,889 (61.8%) |
| Renter Occupied HU | 910 (29.7%) |
| Vacant Housing Units | 260 ( 8.5%) |
| Median Home Value | $247,073 |
| Average Home Value | $344,698 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
2,219
Multi-Family
897
Businesses
275
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Listed by: Wes Smith • Pearson Smith Realty, LLC
Mls Name: Bright MLS
Mls ID: #WVJF2017814