3831 Auto RdRenickWV24966
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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
Investment property for sale in Renick at 3831 Auto Rd, Renick, WV, 24966 earns $643/mo cash flow from $2,089/mo rent with a $1,223/mo payment. Total monthly income totals $2,089/mo, and annual cash flow totals $7,718/yr on $82,842 capital. ROI tracks 29.23% on current figures, and rental yield reads 10.03% at a $249,900 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,043 over five years. Five-year ROI reaches 152.32% and total cumulative return in cash sums $126,182. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,089/mo property income instead of your personal income.
Manufactured
Built in 2001
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24966, Renick, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 511 (61.8%) |
| Renter Occupied HU | 107 (12.9%) |
| Vacant Housing Units | 209 (25.3%) |
| Median Home Value | $152,926 |
| Average Home Value | $176,727 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
22
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Listed by: Robin L Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-270
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.