488 Addie LnAlbrightWV26519
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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
Investment property for sale in Albright at 488 Addie Ln, Albright, WV, 26519 earns $397/mo cash flow from $1,843/mo rent with a $1,223/mo payment. Total monthly income totals $1,843/mo, and annual cash flow totals $4,765/yr on $82,858 capital. ROI tracks 25.66% on current figures, and rental yield reads 8.85% at a $249,950 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,057 over five years. Five-year ROI reaches 133.2% and total cumulative return in cash sums $110,370. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,843/mo property income instead of your personal income.
Single Family
Built in 2016
3.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26519, Albright, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 817 (100%) |
| Owner Occupied HU | 615 (75.3%) |
| Renter Occupied HU | 100 (12.2%) |
| Vacant Housing Units | 102 (12.5%) |
| Median Home Value | $211,667 |
| Average Home Value | $278,691 |
Housing Distribution
Address Breakdown
Residential
786
Single Family
786
Multi-Family
0
Businesses
25
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Listed by: Jacob Haring • RE/MAX TAKE ME HOME
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155862
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 2024-02-07 10:15:58 PST