358 Evans Grove DrEvansWV25241
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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 Evans at 358 Evans Grove Dr, Evans, WV, 25241 priced at $789,900 pairs $3,881/mo rent with after a $3,866/mo payment. Total monthly income equals $3,881/mo. Return on cash invested is 16.88% in year one, and rental yield stands at 5.9% on a $789,900 basis. Equity gained on principal adds $5,097/yr, and 5% annual appreciation accumulates to $218,235 by year five. Five-year ROI measures 86.02% and total cumulative return in cash reaches $223,541. For financing, Ziffy Mortgage’s DSCR program evaluates $3,881/mo property income against a $3,866/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1994
5.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25241, Evans, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 722 (100%) |
| Owner Occupied HU | 591 (81.9%) |
| Renter Occupied HU | 78 (10.8%) |
| Vacant Housing Units | 53 ( 7.3%) |
| Median Home Value | $228,833 |
| Average Home Value | $289,154 |
Housing Distribution
Address Breakdown
Residential
693
Single Family
693
Multi-Family
0
Businesses
18
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Listed by: Cheryl A. Donohoe • Cunningham Realty
Mls Name: KVBR
Mls ID: #279753