489 N Marsham StRomneyWV26757
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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 Romney at 489 N Marsham St, Romney, WV, 26757 with 5% annual appreciation on a $195,000 basis while $1,657/mo rent supports operations. Total monthly income totals $1,657/mo and a $954/mo payment preserves $529/mo for cash returns. Annual cash flow comes to $6,350/yr on $64,643 deployed, and return on cash invested reaches 29.73% in year one. Equity gained on principal adds $1,258/yr, and five-year appreciation sums $53,875 alongside rental yield of 10.2%. Five-year ROI measures 155.04% and total cumulative return in cash totals $100,222.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,657/mo property income versus a $954/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
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Listed by: Brianna Judy • Creekside Realty, Inc.
Mls Name: Bright MLS
Mls ID: #WVHS2007008