326 Locust StFranklinWV26807
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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 Franklin at 326 Locust St, Franklin, WV, 26807 priced at $215,000 converts $480/mo rent into after a $1,052/mo obligation. Total monthly income equals $480/mo. Return on cash invested prints 7.05% in year one, and rental yield reads 2.68% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 33.41% and total cumulative return in cash sums $23,809. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $480/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1920
4,181 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26807, Franklin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 852 (62.3%) |
| Renter Occupied HU | 193 (14.1%) |
| Vacant Housing Units | 322 (23.6%) |
| Median Home Value | $204,000 |
| Average Home Value | $270,789 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
137
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Listed by: Brittany Bogan • WV Heritage Real Estate, LLC.
Mls Name: Bright MLS
Mls ID: #WVPT2001104