405 Jefferson DrMineral WellsWV26150
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 Mineral Wells at 405 Jefferson Dr, Mineral Wells, WV, 26150 offers $749/mo rent that, after a $1,003/mo payment. Total monthly income is $749/mo. Return on cash invested measures 12.2% in year one, and rental yield stands at 4.38% at a $205,000 entry. Equity gained on principal adds $1,323/yr while 5% annual appreciation compounds into $56,638 by year five. Five-year ROI records 60.98% and total cumulative return in cash reaches $41,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $749/mo property income versus a $1,003/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
8,838 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26150, Mineral Wells, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,855 (71.6%) |
| Renter Occupied HU | 501 (19.4%) |
| Vacant Housing Units | 233 ( 9.0%) |
| Median Home Value | $225,679 |
| Average Home Value | $271,953 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,574
Multi-Family
0
Businesses
158
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Charleen A Byrd • EXP Realty, LLC.
Mls Name: MLS Now
Mls ID: #5181106