3232 Clear Fork RdClear ForkWV24822
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Clear Fork at 3232 Clear Fork Rd, Clear Fork, WV, 24822 offers a 11.68% rental yield on a $189,900 purchase with $1,848/mo rent. Total monthly income registers $1,848/mo, and a $929/mo payment leaves $750/mo available for distribution. Annual cash flow reaches $8,996/yr on $62,952 to close, and return on cash invested stands at 34.2% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 178.98% and total cumulative return in cash at $112,673. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,848/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24822, Clear Fork, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 371 (69.7%) |
| Renter Occupied HU | 99 (18.6%) |
| Vacant Housing Units | 62 (11.7%) |
| Median Home Value | $82,188 |
| Average Home Value | $101,631 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
3
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Miranda Ullman • ALTRUIST REALTY GROUP
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90924
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.