378 Union Campground RdLetartWV25253
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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 Letart at 378 Union Campground Rd, Letart, WV, 25253 generates $1,799/mo in rent and, after a $511/mo payment, leaves $1,175/mo in cash flow. Total monthly income is $1,799/mo, and annual cash flow is $14,097/yr on $34,609 invested. Return on cash invested sits at 60.64% in year one, and rental yield is 20.68% on a $104,400 entry. Equity gained on principal adds $674/yr, while 5% annual appreciation builds toward $28,844 over five years. Five-year ROI reaches 321.02% and total cumulative return in cash sums $111,101. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,799/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25253, Letart, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 848 (76.0%) |
| Renter Occupied HU | 123 (11.0%) |
| Vacant Housing Units | 145 (13.0%) |
| Median Home Value | $158,475 |
| Average Home Value | $181,828 |
Housing Distribution
Address Breakdown
Residential
844
Single Family
844
Multi-Family
0
Businesses
19
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Listed by: N/A • N/A
Mls Name: BHHS broker feed
Mls ID: #274141