412 Merrill AveRivesvilleWV26588
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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 Rivesville at 412 Merrill Ave, Rivesville, WV, 26588 priced at $145,000 converts $870/mo rent into $31/mo cash flow after a $710/mo obligation. Total monthly income equals $870/mo, and annual cash flow totals $369/yr on $48,068 invested. Return on cash invested prints 20.68% in year one, and rental yield reads 7.2% against a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation compiles into $40,061 by year five. Five-year ROI reaches 106.44% and total cumulative return in cash sums $51,164. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $870/mo property income covering a $710/mo payment, not borrower’s personal income.
Single Family
Built in 1920
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26588, Rivesville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,491 (100%) |
| Owner Occupied HU | 1,150 (77.1%) |
| Renter Occupied HU | 218 (14.6%) |
| Vacant Housing Units | 123 ( 8.2%) |
| Median Home Value | $169,531 |
| Average Home Value | $188,854 |
Housing Distribution
Address Breakdown
Residential
1,016
Single Family
1,016
Multi-Family
0
Businesses
28
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Listed by: SHEENA HERSHMAN • COMMODORE REALTY LLC
Mls Name: NCWV REIN
Mls ID: #10162173