352 E Bailey RdLewisburgWV24901
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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 Lewisburg at 352 E Bailey Rd, Lewisburg, WV, 24901 priced at $425,000 converts $2,354/mo rent into after a $2,080/mo obligation. Total monthly income equals $2,354/mo. Return on cash invested prints 18.87% in year one, and rental yield reads 6.65% against a $425,000 entry. Equity gained on principal adds $2,742/yr, while 5% annual appreciation compiles into $117,420 by year five. Five-year ROI reaches 96.82% and total cumulative return in cash sums $136,409. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,354/mo property income covering a $2,080/mo payment, not borrower’s personal income.
Single Family
Built in 2000
0.66 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24901, Lewisburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,658 (100%) |
| Owner Occupied HU | 2,686 (57.7%) |
| Renter Occupied HU | 1,358 (29.2%) |
| Vacant Housing Units | 614 (13.2%) |
| Median Home Value | $237,463 |
| Average Home Value | $348,912 |
Housing Distribution
Address Breakdown
Residential
4,446
Single Family
4,170
Multi-Family
276
Businesses
704
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Listed by: Marie R Goodwin • Greenbrier Real Estate Service
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-228
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.