461 Thomas AveDavisWV26260
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 Davis at 461 Thomas Ave, Davis, WV, 26260 listed at $449,000 pairs $3,611/mo rent with a $2,198/mo payment to leave $1,013/mo cash flow. Total monthly income runs $3,611/mo, and annual cash flow reaches $12,152/yr on $148,844 cash to close. Return on cash invested measures 28.07% in year one, and rental yield registers 9.65% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 146.1% and total cumulative return in cash totals $217,456. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,611/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1940
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26260, Davis, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 447 (29.3%) |
| Renter Occupied HU | 137 ( 9.0%) |
| Vacant Housing Units | 939 (61.7%) |
| Median Home Value | $192,092 |
| Average Home Value | $319,351 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
124
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: RON WHITEHAIR • CRANSTON REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10137679