3230 Houfnaggle RdLewisburgWV24901
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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 Lewisburg at 3230 Houfnaggle Rd, Lewisburg, WV, 24901 offers $1,894/mo rent that, after a $1,395/mo payment, leaves $245/mo cash flow. Total monthly income is $1,894/mo, and annual cash flow is $2,939/yr on $94,478 cash. Return on cash invested measures 23.02% in year one, and rental yield stands at 7.97% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 118.98% and total cumulative return in cash reaches $112,410. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,894/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24901, Lewisburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,658 (100%) |
| Owner Occupied HU | 2,686 (57.7%) |
| Renter Occupied HU | 1,358 (29.2%) |
| Vacant Housing Units | 614 (13.2%) |
| Median Home Value | $237,463 |
| Average Home Value | $348,912 |
Housing Distribution
Address Breakdown
Residential
4,446
Single Family
4,170
Multi-Family
276
Businesses
704
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Listed by: Jennifer Blake Poage • Fathom Realty, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1187
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.