400 Locust Ridge RdMoorefieldWV26836
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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 Moorefield at 400 Locust Ridge Rd, Moorefield, WV, 26836 at $450,000 posts ROI 17.25% with from $2,324/mo rent. Total monthly income equals $2,324/mo. Return on cash invested measures 17.25% and rental yield reads 6.2% at the current $450,000. Equity gained on principal adds $2,904/yr, and 5% annual appreciation supports $124,327 by year five. Five-year ROI prints 88.22% and total cumulative return in cash totals $131,598. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,324/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2006
24.55 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26836, Moorefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,469 (100%) |
| Owner Occupied HU | 1,824 (52.6%) |
| Renter Occupied HU | 1,023 (29.5%) |
| Vacant Housing Units | 622 (17.9%) |
| Median Home Value | $160,458 |
| Average Home Value | $188,198 |
Housing Distribution
Address Breakdown
Residential
2,812
Single Family
2,742
Multi-Family
70
Businesses
355
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Nearby investment properties with comparable prices
Listed by: Julie Teets • Long & Foster Real Estate, Inc.
Mls Name: Bright MLS
Mls Provider:
Mls ID: #WVHD2002140
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