3224 Crites Mountain RdErbaconWV26203
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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 Erbacon at 3224 Crites Mountain Rd, Erbacon, WV, 26203 uses $42,764 cash to close to unlock $4,392/yr annual cash flow and $366/mo monthly cash flow. Total monthly income runs $1,112/mo, and a $631/mo payment keeps the spread at $366/mo. Purchase price stands at $129,000, and rental yield measures 10.34% with $1,112/mo rent. Return on cash invested shows 30.18% in year one, and 5% annual appreciation builds toward $35,640 over five years. Five-year ROI reaches 157.37% and total cumulative return in cash records $67,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,112/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1982
3.16 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26203, Erbacon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 85 (100%) |
| Owner Occupied HU | 59 (69.4%) |
| Renter Occupied HU | 18 (21.2%) |
| Vacant Housing Units | 8 ( 9.4%) |
| Median Home Value | $74,167 |
| Average Home Value | $78,644 |
Housing Distribution
Address Breakdown
Residential
108
Single Family
108
Multi-Family
0
Businesses
1
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Listed by: Dawn Marie Moore • Field & Stream Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-650