413 Bills Branch RdLoganWV25601
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 Logan at 413 Bills Branch Rd, Logan, WV, 25601 priced at $215,000 converts $1,447/mo rent into $203/mo cash flow after a $1,052/mo obligation. Total monthly income equals $1,447/mo, and annual cash flow totals $2,440/yr on $71,273 invested. Return on cash invested prints 23.33% in year one, and rental yield reads 8.08% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 120.7% and total cumulative return in cash sums $86,029. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,447/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1992
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25601, Logan, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,974 (100%) |
| Owner Occupied HU | 2,449 (61.6%) |
| Renter Occupied HU | 975 (24.5%) |
| Vacant Housing Units | 550 (13.8%) |
| Median Home Value | $99,575 |
| Average Home Value | $116,586 |
Housing Distribution
Address Breakdown
Residential
2,581
Single Family
2,446
Multi-Family
135
Businesses
485
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Listed by: Cynthia Maynard • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #281161