487 Oak StKingwoodWV26537
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 Kingwood at 487 Oak St, Kingwood, WV, 26537 uses $38,123 cash to close to unlock $4,974/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $1,080/mo, and a $563/mo payment keeps the spread at $414/mo. Purchase price stands at $115,000, and rental yield measures 11.27% with $1,080/mo rent. Return on cash invested shows 32.96% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 172.33% and total cumulative return in cash records $65,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,080/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1989
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26537, Kingwood, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,680 (100%) |
| Owner Occupied HU | 1,741 (65.0%) |
| Renter Occupied HU | 609 (22.7%) |
| Vacant Housing Units | 330 (12.3%) |
| Median Home Value | $179,390 |
| Average Home Value | $211,087 |
Housing Distribution
Address Breakdown
Residential
2,414
Single Family
2,413
Multi-Family
1
Businesses
285
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: WHITNEY WADE • ALLIANCE REALTY
Mls Name: NCWV REIN
Mls ID: #10161595