356 Wirgman HlRomneyWV26757
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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 Romney at 356 Wirgman Hl, Romney, WV, 26757 generates $863/mo in rent, after a $1,639/mo payment. Total monthly income is $863/mo. Return on cash invested sits at 8.29% in year one, and rental yield is 3.09% on a $334,900 entry. Equity gained on principal adds $2,161/yr, while 5% annual appreciation builds toward $92,527 over five years. Five-year ROI reaches 40.04% and total cumulative return in cash sums $44,449. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $863/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
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Listed by: Leslie Webb • Long & Foster Real Estate, Inc.
Mls Name: Long & Foster Broker Feed
Mls Provider:
Mls ID: #WVHS2006184
Disclaimer: Listing information is deemed reliable, but not guaranteed.