4384 Auto RdRenickWV24966
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 Renick at 4384 Auto Rd, Renick, WV, 24966 priced at $160,100 pairs $1,565/mo rent with $638/mo cash flow after a $784/mo payment. Total monthly income equals $1,565/mo, and annual cash flow comes to $7,659/yr on $53,073 invested. Return on cash invested is 34.34% in year one, and rental yield stands at 11.73% on a $160,100 basis. Equity gained on principal adds $1,033/yr, and 5% annual appreciation accumulates to $44,233 by year five. Five-year ROI measures 179.77% and total cumulative return in cash reaches $95,409. For financing, Ziffy Mortgage’s DSCR program evaluates $1,565/mo property income against a $784/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2001
10,397 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24966, Renick, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 511 (61.8%) |
| Renter Occupied HU | 107 (12.9%) |
| Vacant Housing Units | 209 (25.3%) |
| Median Home Value | $152,926 |
| Average Home Value | $176,727 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
22
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Nearby investment properties with comparable prices
Listed by: Aaron M Brailer • RealHome Services andSolutions
Mls Name: KVBR
Mls Provider:
Mls ID: #276282
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.