40 Hamrick StHillsboroWV24946
Nearby investment properties with comparable rents
- 4 Bed
- 2 Bath
- 1589 sft
- 2 Bed
- 1 Bath
- 1578 sft
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 Hillsboro at 40 Hamrick St, Hillsboro, WV, 24946 uses $59,670 cash to close to unlock $3,198/yr annual cash flow and $267/mo monthly cash flow. Total monthly income runs $1,308/mo, and a $881/mo payment keeps the spread at $267/mo. Purchase price stands at $180,000, and rental yield measures 8.72% with $1,308/mo rent. Return on cash invested shows 25.27% in year one, and 5% annual appreciation builds toward $49,731 over five years. Five-year ROI reaches 131.09% and total cumulative return in cash records $78,221. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,308/mo property income covering a $881/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24946, Hillsboro, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 407 (54.2%) |
| Renter Occupied HU | 85 (11.3%) |
| Vacant Housing Units | 259 (34.5%) |
| Median Home Value | $162,500 |
| Average Home Value | $188,157 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
39
Nearby investment properties with comparable rents
- 4 Bed
- 2 Bath
- 1589 sft
- 2 Bed
- 1 Bath
- 1578 sft
Nearby investment properties with comparable prices
Listed by: N/A • N/A
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Mls ID: #N/A