37 La Baer LnNew CreekWV26743
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 New Creek at 37 La Baer Ln, New Creek, WV, 26743 generates $968/mo in rent, after a $1,943/mo payment. Total monthly income is $968/mo. Return on cash invested sits at 7.79% in year one, and rental yield is 2.93% on a $397,000 entry. Equity gained on principal adds $2,562/yr, while 5% annual appreciation builds toward $109,684 over five years. Five-year ROI reaches 37.36% and total cumulative return in cash sums $49,174. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $968/mo property income rather than buyer’s personal income.
Single Family
Built in 2014
55.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26743, New Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 505 (73.6%) |
| Renter Occupied HU | 76 (11.1%) |
| Vacant Housing Units | 105 (15.3%) |
| Median Home Value | $259,034 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
23
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Listed by: Pam Rinker • Coldwell Banker Home Town Realty
Mls Name: Bright MLS
Mls ID: #WVGT2001192