45 Red Wing LnSinks GroveWV24976
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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
Rental property for sale in Sinks Grove at 45 Red Wing Ln, Sinks Grove, WV, 24976 generates $1,540/mo in rent and, after a $857/mo payment, leaves $527/mo in cash flow. Total monthly income is $1,540/mo, and annual cash flow is $6,324/yr on $58,013 invested. Return on cash invested sits at 30.81% in year one, and rental yield is 10.56% on a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 160.76% and total cumulative return in cash sums $93,259. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,540/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
0.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24976, Sinks Grove, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 425 (100%) |
| Owner Occupied HU | 323 (76.0%) |
| Renter Occupied HU | 46 (10.8%) |
| Vacant Housing Units | 56 (13.2%) |
| Median Home Value | $152,009 |
| Average Home Value | $256,912 |
Housing Distribution
Address Breakdown
Residential
488
Single Family
488
Multi-Family
0
Businesses
12
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Listed by: Robert E. Bittinger Jr. • Coldwell Banker Stuart and Watts Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-256
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.