470 Speed RdSpencerWV25276
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 Spencer at 470 Speed Rd, Spencer, WV, 25276 at $214,900 posts ROI 23.39% with $206/mo cash flow from $1,450/mo rent. Total monthly income equals $1,450/mo, and annual cash flow records $2,477/yr on $71,239 to close. Return on cash invested measures 23.39% and rental yield reads 8.1% at the current $214,900. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,373 by year five. Five-year ROI prints 121% and total cumulative return in cash totals $86,202.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,450/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in N/A
3.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
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Nearby investment properties with comparable prices
Listed by: David Greenlee • Old Fences Realty INC
Mls Name: My State MLS
Mls ID: #11432582