43 Spring Hills RdGraftonWV26354
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 Grafton at 43 Spring Hills Rd, Grafton, WV, 26354 priced at $399,900 converts $3,032/mo rent into $718/mo cash flow after a $1,957/mo obligation. Total monthly income equals $3,032/mo, and annual cash flow totals $8,621/yr on $132,567 invested. Return on cash invested prints 26.41% in year one, and rental yield reads 9.1% against a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation compiles into $110,485 by year five. Five-year ROI reaches 137.2% and total cumulative return in cash sums $181,880. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,032/mo property income covering a $1,957/mo payment, not borrower’s personal income.
Single Family
Built in 1995
3.37 Acres 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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Nearby investment properties with comparable prices
Listed by: Lindsay Gray • KEYSTONE REALTY GROUP LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155193
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2024-02-07 10:15:58 PST