408 Parkway AveAnmooreWV26323
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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 Anmoore at 408 Parkway Ave, Anmoore, WV, 26323 uses $75,914 cash to close to unlock $2,602/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $1,542/mo, and a $1,121/mo payment keeps the spread at $217/mo. Purchase price stands at $229,000, and rental yield measures 8.08% with $1,542/mo rent. Return on cash invested shows 23.34% in year one, and 5% annual appreciation builds toward $63,268 over five years. Five-year ROI reaches 120.7% and total cumulative return in cash records $91,625. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,542/mo property income covering a $1,121/mo payment rather than investor’s personal income.
Single Family
Built in 1952
1.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26323, Anmoore, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 72 (100%) |
| Owner Occupied HU | 32 (44.4%) |
| Renter Occupied HU | 25 (34.7%) |
| Vacant Housing Units | 15 (20.8%) |
| Median Home Value | $341,667 |
| Average Home Value | $376,172 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
31
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Listed by: KAYLA ALLEN • OLD COLONY COMPANY OF GREATER KANAWHA VALLEY
Mls Name: NCWV REIN
Mls ID: #10162957