45 Left Grove AveMineral WellsWV26150
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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 Mineral Wells at 45 Left Grove Ave, Mineral Wells, WV, 26150 offers a 18.35% rental yield on a $128,800 purchase with $1,970/mo rent. Total monthly income registers $1,970/mo, and a $630/mo payment leaves $1,225/mo available for distribution. Annual cash flow reaches $14,702/yr on $42,697 to close, and return on cash invested stands at 54.34% in year one. Equity gained on principal adds $831/yr while 5% annual appreciation supports $35,585 over five years. Portfolio math shows five-year ROI at 287.06% and total cumulative return in cash at $122,566. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,970/mo property income against a $630/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
6,750 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26150, Mineral Wells, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,589 (100%) |
| Owner Occupied HU | 1,855 (71.6%) |
| Renter Occupied HU | 501 (19.4%) |
| Vacant Housing Units | 233 ( 9.0%) |
| Median Home Value | $225,679 |
| Average Home Value | $271,953 |
Housing Distribution
Address Breakdown
Residential
2,574
Single Family
2,574
Multi-Family
0
Businesses
158
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