408 Dewey AveGraftonWV26354
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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
Rental property for sale in Grafton at 408 Dewey Ave, Grafton, WV, 26354 generates $817/mo in rent and, after a $514/mo payment, leaves $209/mo in cash flow. Total monthly income is $817/mo, and annual cash flow is $2,513/yr on $34,808 invested. Return on cash invested sits at 27.13% in year one, and rental yield is 9.34% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 141.15% and total cumulative return in cash sums $49,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $817/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26354, Grafton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,572 (100%) |
| Owner Occupied HU | 3,140 (68.7%) |
| Renter Occupied HU | 962 (21.0%) |
| Vacant Housing Units | 470 (10.3%) |
| Median Home Value | $161,607 |
| Average Home Value | $228,300 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,080
Multi-Family
215
Businesses
285
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Listed by: HUNTER REED • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls ID: #10161765