3535 Brownstown RdRenickWV24966
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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 Renick at 3535 Brownstown Rd, Renick, WV, 24966 listed at $1,350,000 pairs $1,230/mo rent with a $6,608/mo payment. Total monthly income runs $1,230/mo. Return on cash invested measures 2.31% in year one, and rental yield registers 1.09% at a $1,350,000 basis. Equity gained on principal adds $8,711/yr, and annual property appreciation at 5% supports $372,980 by year five. Five-year ROI tracks 7.85% and total cumulative return in cash totals $34,337. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,230/mo property income relative to a $6,608/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1930
356.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24966, Renick, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 511 (61.8%) |
| Renter Occupied HU | 107 (12.9%) |
| Vacant Housing Units | 209 (25.3%) |
| Median Home Value | $152,926 |
| Average Home Value | $176,727 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
22
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Listed by: Cheryl D. Dean • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-178
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.