355 Bennett RdPhilippiWV26416
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 Philippi at 355 Bennett Rd, Philippi, WV, 26416 offers $2,611/mo rent that, after a $2,198/mo payment, leaves $13/mo cash flow. Total monthly income is $2,611/mo, and annual cash flow is $152/yr on $148,844 cash. Return on cash invested measures 20.01% in year one, and rental yield stands at 6.98% at a $449,000 entry. Equity gained on principal adds $2,897/yr while 5% annual appreciation compounds into $124,050 by year five. Five-year ROI records 102.86% and total cumulative return in cash reaches $153,100. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,611/mo property income versus a $2,198/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
12.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26416, Philippi, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,158 (100%) |
| Owner Occupied HU | 1,963 (62.2%) |
| Renter Occupied HU | 708 (22.4%) |
| Vacant Housing Units | 487 (15.4%) |
| Median Home Value | $140,061 |
| Average Home Value | $168,565 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
2,920
Multi-Family
105
Businesses
214
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Listed by: Rhonda Robinson • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10159051
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 2025-05-03 14:01:30 PDT