340 Quarry RdLookoutWV25868
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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
Total monthly income runs $1,229/mo, and a $2,442/mo payment. Purchase price stands at $499,000, and rental yield measures 2.96% with $1,229/mo rent. Return on cash invested shows 7.88% in year one, and 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 37.84% and total cumulative return in cash records $62,598. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,229/mo property income covering a $2,442/mo payment rather than investor’s personal income.
Townhouse
Built in 1992
7.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25868, Lookout, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 251 (74.5%) |
| Renter Occupied HU | 34 (10.1%) |
| Vacant Housing Units | 52 (15.4%) |
| Median Home Value | $160,096 |
| Average Home Value | $167,500 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
13
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Listed by: Brian C Brown • Transcend Realty, Inc.
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-229