348 W Main StRonceverteWV24970
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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
Rental property for sale in Ronceverte at 348 W Main St, Ronceverte, WV, 24970 offers $960/mo rent that, after a $1,121/mo payment. Total monthly income is $960/mo. Return on cash invested measures 14.14% in year one, and rental yield stands at 5.03% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 71.36% and total cumulative return in cash reaches $54,173. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $960/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,227 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: W. Paul Grist • Grist Real Estate Associates, Inc
Mls Name: GVMLS
Mls ID: #25-1326