3334 Redmond Ridge RdGallipolis FerryWV25515
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
Rental property for sale in Gallipolis Ferry at 3334 Redmond Ridge Rd, Gallipolis Ferry, WV, 25515 generates $2,004/mo in rent and, after a $1,689/mo payment, leaves $7/mo in cash flow. Total monthly income is $2,004/mo, and annual cash flow is $89/yr on $114,368 invested. Return on cash invested sits at 19.99% in year one, and rental yield is 6.97% on a $345,000 entry. Equity gained on principal adds $2,226/yr, while 5% annual appreciation builds toward $95,317 over five years. Five-year ROI reaches 102.76% and total cumulative return in cash sums $117,520. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,004/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
58.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25515, Gallipolis Ferry, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,038 (100%) |
| Owner Occupied HU | 756 (72.8%) |
| Renter Occupied HU | 130 (12.5%) |
| Vacant Housing Units | 152 (14.6%) |
| Median Home Value | $142,969 |
| Average Home Value | $197,814 |
Housing Distribution
Address Breakdown
Residential
807
Single Family
807
Multi-Family
0
Businesses
33
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Nearby investment properties with comparable prices
Listed by: Jade Schultz • The Angie Zimmerman Realty Group
Mls Name: KVBR
Mls ID: #279044