401 Hemlock CirTerra AltaWV26764
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
Rental property for sale in Terra Alta at 401 Hemlock Cir, Terra Alta, WV, 26764 priced at $305,000 pairs $2,416/mo rent with $651/mo cash flow after a $1,493/mo payment. Total monthly income equals $2,416/mo, and annual cash flow comes to $7,813/yr on $101,108 invested. Return on cash invested is 27.64% in year one, and rental yield stands at 9.51% on a $305,000 basis. Equity gained on principal adds $1,968/yr, and 5% annual appreciation accumulates to $84,266 by year five. Five-year ROI measures 143.8% and total cumulative return in cash reaches $145,390. For financing, Ziffy Mortgage’s DSCR program evaluates $2,416/mo property income against a $1,493/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1984
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: THOMAS LONG • RAILEY WEST VIRGINIA PROPERTIES
Mls Name: NCWV REIN
Mls ID: #10162611