489 Slab Camp RdIndependenceWV26374
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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 Independence at 489 Slab Camp Rd, Independence, WV, 26374 at $775,000 posts ROI 13.13% with from $3,011/mo rent. Total monthly income equals $3,011/mo. Return on cash invested measures 13.13% and rental yield reads 4.66% at the current $775,000. Equity gained on principal adds $5,001/yr, and 5% annual appreciation supports $214,118 by year five. Five-year ROI prints 65.9% and total cumulative return in cash totals $168,019. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,011/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
46.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26374, Independence, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 561 (76.3%) |
| Renter Occupied HU | 123 (16.7%) |
| Vacant Housing Units | 51 ( 6.9%) |
| Median Home Value | $216,903 |
| Average Home Value | $242,010 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
9
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Listed by: KAY MICHAEL ALEXANDER • HOWARD HANNA
Mls Name: NCWV REIN
Mls ID: #10161145