36 Concord AveBerkeley SpringsWV25411
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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 Berkeley Springs at 36 Concord Ave, Berkeley Springs, WV, 25411 priced at $189,000 converts $1,198/mo rent into $104/mo cash flow after a $925/mo obligation. Total monthly income equals $1,198/mo, and annual cash flow totals $1,254/yr on $62,654 invested. Return on cash invested prints 21.91% in year one, and rental yield reads 7.61% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. Five-year ROI reaches 113.08% and total cumulative return in cash sums $70,846. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,198/mo property income covering a $925/mo payment, not borrower’s personal income.
Manufactured
Built in 1996
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25411, Berkeley Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,530 (100%) |
| Owner Occupied HU | 4,442 (68.0%) |
| Renter Occupied HU | 958 (14.7%) |
| Vacant Housing Units | 1,130 (17.3%) |
| Median Home Value | $238,613 |
| Average Home Value | $267,345 |
Housing Distribution
Address Breakdown
Residential
6,018
Single Family
6,016
Multi-Family
2
Businesses
441
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Listed by: Nettie Seaton • Coldwell Banker Premier
Mls Name: Bright MLS
Mls ID: #WVMO2006478