34 Spruce StRichwoodWV26261
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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 Richwood at 34 Spruce St, Richwood, WV, 26261 at $124,500 posts ROI -1.03% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -1.03% and rental yield reads 0% at the current $124,500. Equity gained on principal adds $803/yr, and 5% annual appreciation supports $34,397 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26261, Richwood, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,444 (100%) |
| Owner Occupied HU | 799 (55.3%) |
| Renter Occupied HU | 262 (18.1%) |
| Vacant Housing Units | 383 (26.5%) |
| Median Home Value | $66,328 |
| Average Home Value | $131,715 |
Housing Distribution
Address Breakdown
Residential
1,134
Single Family
1,115
Multi-Family
19
Businesses
85
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Becky Fidler • Castles and Creeks Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #24-404
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.