375 Slate Creek RdElizabethWV26143
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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 Elizabeth at 375 Slate Creek Rd, Elizabeth, WV, 26143 priced at $309,000 pairs $2,015/mo rent with $227/mo cash flow after a $1,512/mo payment. Total monthly income equals $2,015/mo, and annual cash flow comes to $2,730/yr on $102,434 invested. Return on cash invested is 22.57% in year one, and rental yield stands at 7.83% on a $309,000 basis. Equity gained on principal adds $1,994/yr, and 5% annual appreciation accumulates to $85,371 by year five. Five-year ROI measures 116.63% and total cumulative return in cash reaches $119,465. For financing, Ziffy Mortgage’s DSCR program evaluates $2,015/mo property income against a $1,512/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1969
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26143, Elizabeth, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 1,265 (67.0%) |
| Renter Occupied HU | 343 (18.2%) |
| Vacant Housing Units | 279 (14.8%) |
| Median Home Value | $141,728 |
| Average Home Value | $181,545 |
Housing Distribution
Address Breakdown
Residential
1,663
Single Family
1,663
Multi-Family
0
Businesses
85
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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