34 Sunshine RdManningtonWV26582
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 Mannington at 34 Sunshine Rd, Mannington, WV, 26582 offers $1,080/mo rent that, after a $891/mo payment, leaves $27/mo cash flow. Total monthly income is $1,080/mo, and annual cash flow is $321/yr on $60,333 cash. Return on cash invested measures 20.44% in year one, and rental yield stands at 7.12% at a $182,000 entry. Equity gained on principal adds $1,174/yr while 5% annual appreciation compounds into $50,283 by year five. Five-year ROI records 105.17% and total cumulative return in cash reaches $63,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,080/mo property income versus a $891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
0.63 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26582, Mannington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,678 (72.0%) |
| Renter Occupied HU | 329 (14.1%) |
| Vacant Housing Units | 323 (13.9%) |
| Median Home Value | $155,769 |
| Average Home Value | $179,993 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,989
Multi-Family
0
Businesses
100
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Nearby investment properties with comparable prices
Listed by: Chris Johnson • EXP REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156671
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2024-02-07 10:15:58 PST