367 Grouse Knoll LnSummit PointWV25446
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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 Summit Point at 367 Grouse Knoll Ln, Summit Point, WV, 25446 priced at $535,000 pairs $3,226/mo rent with $130/mo cash flow after a $2,619/mo payment. Total monthly income equals $3,226/mo, and annual cash flow comes to $1,560/yr on $176,015 invested. Return on cash invested is 20.95% in year one, and rental yield stands at 7.24% on a $535,000 basis. Equity gained on principal adds $3,452/yr, and 5% annual appreciation accumulates to $147,811 by year five. Five-year ROI measures 107.84% and total cumulative return in cash reaches $189,808. For financing, Ziffy Mortgage’s DSCR program evaluates $3,226/mo property income against a $2,619/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25446, Summit Point, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 630 (100%) |
| Owner Occupied HU | 497 (78.9%) |
| Renter Occupied HU | 79 (12.5%) |
| Vacant Housing Units | 54 ( 8.6%) |
| Median Home Value | $415,368 |
| Average Home Value | $396,247 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
37
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Listed by: Val Nicole Clark • Realty FC, LLC
Mls Name: Bright MLS
Mls ID: #WVJF2019634