327 N High 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 327 N High St, Romney, WV, 26757 offers a 10.22% rental yield on a $238,000 purchase with $2,026/mo rent. Total monthly income registers $2,026/mo, and a $1,165/mo payment leaves $649/mo available for distribution. Annual cash flow reaches $7,785/yr on $78,897 to close, and return on cash invested stands at 29.78% in year one. Equity gained on principal adds $1,536/yr while 5% annual appreciation supports $65,755 over five years. Portfolio math shows five-year ROI at 155.23% and total cumulative return in cash at $122,470. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,026/mo property income against a $1,165/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1932
8,712 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: Kate Nazelrod • Pioneer Ridge Realty
Mls Name: Bright MLS
Mls ID: #WVHS2006570