392 River Bend Estates RdParsonsWV26287
Nearby investment properties with comparable rents
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
Investment property for sale in Parsons at 392 River Bend Estates Rd, Parsons, WV, 26287 earns $219/mo cash flow from $1,954/mo rent with a $1,468/mo payment. Total monthly income totals $1,954/mo, and annual cash flow totals $2,622/yr on $99,450 capital. ROI tracks 22.55% on current figures, and rental yield reads 7.82% at a $300,000 purchase. Equity gained on principal adds $1,936/yr, and 5% annual appreciation supports $82,884 over five years. Five-year ROI reaches 116.45% and total cumulative return in cash sums $115,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,954/mo property income instead of your personal income.
Single Family
Built in 1983
2.21 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26287, Parsons, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,532 (100%) |
| Owner Occupied HU | 935 (61.0%) |
| Renter Occupied HU | 249 (16.3%) |
| Vacant Housing Units | 348 (22.7%) |
| Median Home Value | $143,359 |
| Average Home Value | $180,064 |
Housing Distribution
Address Breakdown
Residential
1,397
Single Family
1,367
Multi-Family
30
Businesses
137
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Todd Rhodes • STEVENS' REALTY & MANAGEMENT
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154290
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-02-18 11:43:45 PST