326 School StRomneyWV26757
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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 Romney at 326 School St, Romney, WV, 26757 uses $56,322 cash to close to unlock $6,474/yr annual cash flow and $540/mo monthly cash flow. Total monthly income runs $1,523/mo, and a $832/mo payment keeps the spread at $540/mo. Purchase price stands at $169,900, and rental yield measures 10.76% with $1,523/mo rent. Return on cash invested shows 31.4% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 164% and total cumulative return in cash records $92,366. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,523/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1959
10,001 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
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Listed by: Mandi Floyd • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #WVHS2007184