387 Bait RdInwoodWV25428
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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 Inwood at 387 Bait Rd, Inwood, WV, 25428 offers a 9.2% rental yield on a $280,000 purchase with $2,146/mo rent. Total monthly income registers $2,146/mo, and a $1,370/mo payment leaves $526/mo available for distribution. Annual cash flow reaches $6,316/yr on $92,820 to close, and return on cash invested stands at 26.71% in year one. Equity gained on principal adds $1,807/yr while 5% annual appreciation supports $77,359 over five years. Portfolio math shows five-year ROI at 138.83% and total cumulative return in cash at $128,865. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,146/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 2023
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25428, Inwood, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,020 (100%) |
| Owner Occupied HU | 4,114 (82.0%) |
| Renter Occupied HU | 734 (14.6%) |
| Vacant Housing Units | 172 ( 3.4%) |
| Median Home Value | $275,068 |
| Average Home Value | $295,347 |
Housing Distribution
Address Breakdown
Residential
5,281
Single Family
5,017
Multi-Family
264
Businesses
293
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Listed by: Patti Sherwood • Dandridge Realty Group, LLC
Mls Name: Bright MLS
Mls ID: #WVBE2043756