483 High StFranklinWV26807
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 Franklin at 483 High St, Franklin, WV, 26807 offers a 1.16% rental yield on a $495,000 purchase with $480/mo rent. 47% in year one. Equity gained on principal adds $3,194/yr while 5% annual appreciation supports $136,759 over five years. Portfolio math shows five-year ROI at 8.81% and total cumulative return in cash at $14,458. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $480/mo property income against a $2,423/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1982
26.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26807, Franklin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,367 (100%) |
| Owner Occupied HU | 852 (62.3%) |
| Renter Occupied HU | 193 (14.1%) |
| Vacant Housing Units | 322 (23.6%) |
| Median Home Value | $204,000 |
| Average Home Value | $270,789 |
Housing Distribution
Address Breakdown
Residential
845
Single Family
845
Multi-Family
0
Businesses
137
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Nearby investment properties with comparable prices
Listed by: James Galusky • RAILEY REALTY WEST VIRGINIA PROPERTIES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156928
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-02-18 06:13:40 PST