370 Smoot School RdSmootWV24977
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
Investment property for sale in Smoot at 370 Smoot School Rd, Smoot, WV, 24977 offers a 9.81% rental yield on a $260,000 purchase with $2,126/mo rent. Total monthly income registers $2,126/mo, and a $1,273/mo payment leaves $621/mo available for distribution. Annual cash flow reaches $7,454/yr on $86,190 to close, and return on cash invested stands at 28.56% in year one. Equity gained on principal adds $1,678/yr while 5% annual appreciation supports $71,833 over five years. Portfolio math shows five-year ROI at 148.73% and total cumulative return in cash at $128,189. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,126/mo property income against a $1,273/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
1.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24977, Smoot, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 300 (100%) |
| Owner Occupied HU | 217 (72.3%) |
| Renter Occupied HU | 36 (12.0%) |
| Vacant Housing Units | 47 (15.7%) |
| Median Home Value | $191,447 |
| Average Home Value | $227,500 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
9
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Listed by: DAVID SWEENEY • UNREAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10160735