406 Anthony RdFrankfordWV24938
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 Frankford at 406 Anthony Rd, Frankford, WV, 24938 offers $2,165/mo rent that, after a $1,542/mo payment, leaves $342/mo cash flow. Total monthly income is $2,165/mo, and annual cash flow is $4,106/yr on $104,423 cash. Return on cash invested measures 23.84% in year one, and rental yield stands at 8.25% at a $315,000 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,029 by year five. Five-year ROI records 123.43% and total cumulative return in cash reaches $128,885. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,165/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24938, Frankford, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 444 (65.5%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 143 (21.1%) |
| Median Home Value | $223,810 |
| Average Home Value | $271,599 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
24
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Nearby investment properties with comparable prices
Listed by: Robin L Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls ID: #25-1484