408 Collins AvePennsboroWV26415
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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 Pennsboro at 408 Collins Ave, Pennsboro, WV, 26415 with 5% annual appreciation on a $169,900 basis while $1,580/mo rent supports operations. Total monthly income totals $1,580/mo and a $832/mo payment preserves $597/mo for cash returns. Annual cash flow comes to $7,158/yr on $56,322 deployed, and return on cash invested reaches 32.62% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 11.16%. Five-year ROI measures 170.52% and total cumulative return in cash totals $96,038.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,580/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1917
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26415, Pennsboro, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,340 (100%) |
| Owner Occupied HU | 950 (70.9%) |
| Renter Occupied HU | 210 (15.7%) |
| Vacant Housing Units | 180 (13.4%) |
| Median Home Value | $108,916 |
| Average Home Value | $163,703 |
Housing Distribution
Address Breakdown
Residential
1,360
Single Family
1,360
Multi-Family
0
Businesses
89
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Listed by: Buddy Hodge • Small Town Realty, LLC
Mls Name: My State MLS
Mls ID: #11334835