388 S West Ridge RdSnowshoeWV26209
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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 Snowshoe at 388 S West Ridge Rd, Snowshoe, WV, 26209 generates $4,237/mo in rent, after a $4,625/mo payment. Total monthly income is $4,237/mo. Return on cash invested sits at 15.31% in year one, and rental yield is 5.38% on a $945,000 entry. Equity gained on principal adds $6,098/yr, while 5% annual appreciation builds toward $261,086 over five years. Five-year ROI reaches 77.62% and total cumulative return in cash sums $241,324. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,237/mo property income rather than buyer’s personal income.
Single Family
Built in 1979
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26209, Snowshoe, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
12
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Listed by: David M. Simmons • First Tracts Real Estate, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-213
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.