413 Edgewood TerNew MartinsvilleWV26155
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
Investment property for sale in New Martinsville at 413 Edgewood Ter, New Martinsville, WV, 26155 at $122,800 posts ROI 42.71% with $773/mo cash flow from $1,502/mo rent. Total monthly income equals $1,502/mo, and annual cash flow records $9,282/yr on $40,708 to close. Return on cash invested measures 42.71% and rental yield reads 14.68% at the current $122,800. Equity gained on principal adds $792/yr, and 5% annual appreciation supports $33,927 by year five. Five-year ROI prints 224.85% and total cumulative return in cash totals $91,534.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,502/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1947
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26155, New Martinsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,923 (100%) |
| Owner Occupied HU | 2,559 (65.2%) |
| Renter Occupied HU | 840 (21.4%) |
| Vacant Housing Units | 524 (13.4%) |
| Median Home Value | $146,537 |
| Average Home Value | $149,352 |
Housing Distribution
Address Breakdown
Residential
3,970
Single Family
3,823
Multi-Family
147
Businesses
367
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Nearby investment properties with comparable prices
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