402 S Main StMasontownWV26542
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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 Masontown at 402 S Main St, Masontown, WV, 26542 earns $274/mo cash flow from $1,402/mo rent with a $954/mo payment. Total monthly income totals $1,402/mo, and annual cash flow totals $3,290/yr on $64,643 capital. ROI tracks 25% on current figures, and rental yield reads 8.63% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 129.66% and total cumulative return in cash sums $83,818. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,402/mo property income instead of your personal income.
Single Family
Built in 1920
9,581 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26542, Masontown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 782 (71.7%) |
| Renter Occupied HU | 185 (17.0%) |
| Vacant Housing Units | 124 (11.4%) |
| Median Home Value | $200,543 |
| Average Home Value | $233,290 |
Housing Distribution
Address Breakdown
Residential
728
Single Family
728
Multi-Family
0
Businesses
62
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Listed by: Millissa Hartsell • MOUNTAINPATH PROPERTIES, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155844
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 2024-02-07 10:15:58 PST