4429 Manilla Ridge RdLeonWV25123
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 Leon at 4429 Manilla Ridge Rd, Leon, WV, 25123 offers a 6.85% rental yield on a $299,000 purchase with $1,708/mo rent. 65% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 100.94% and total cumulative return in cash at $100,054. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,708/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
13.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25123, Leon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,717 (100%) |
| Owner Occupied HU | 1,244 (72.5%) |
| Renter Occupied HU | 167 ( 9.7%) |
| Vacant Housing Units | 306 (17.8%) |
| Median Home Value | $192,161 |
| Average Home Value | $253,408 |
Housing Distribution
Address Breakdown
Residential
1,404
Single Family
1,403
Multi-Family
1
Businesses
42
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Listed by: Pamela Lewis • Berkshire Hathaway HS GER
Mls Name: KVBR
Mls Provider:
Mls ID: #277965
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.