466 Rita WayForest HillWV24935
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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
Total monthly income runs $4,103/mo, and a $4,772/mo payment. Purchase price stands at $975,000, and rental yield measures 5.05% with $4,103/mo rent. Return on cash invested shows 14.31% in year one, and 5% annual appreciation builds toward $269,375 over five years. Five-year ROI reaches 72.22% and total cumulative return in cash records $231,675. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,103/mo property income covering a $4,772/mo payment rather than investor’s personal income.
Single Family
Built in 2023
16.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24935, Forest Hill, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 241 (44.1%) |
| Renter Occupied HU | 65 (11.9%) |
| Vacant Housing Units | 241 (44.1%) |
| Median Home Value | $131,027 |
| Average Home Value | $158,776 |
Housing Distribution
Address Breakdown
Residential
234
Single Family
234
Multi-Family
0
Businesses
13
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Listed by: The Christy Wood Team Wv • SOLUTIONS REAL ESTATE
Mls Name: Mercer-Tazewell County BOR
Mls Provider:
Mls ID: #54525
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