505 Hoy RdAugustaWV26704
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 505 Hoy Rd, Augusta, WV, 26704 in Augusta. At $269,900 it earns $1,888/mo in rent and distributes $326/mo to the owner after the $1,214/mo payment, a consistent 8.39% yield. DSCR 1.56 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $74,568 in value; $2,486/yr in principal paydown compounds ownership stake. Total projected return: $122,876.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.4% | 6.2% |
| Monthly Cash Flow | $326 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Rental Loan Qualification
Qualifies using the property's rental income, not your personal income.
- ✓No W-2, pay stubs, or tax returns needed
- ✓Rental income qualifies you
- ✓Built for real estate investors
| Monthly Rental Income | $1,888 |
| Total Monthly Debt Service | $1,454 |
| DSCR Ratio | 1.30x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26704, Augusta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,820 (66.1%) |
| Renter Occupied HU | 367 (13.3%) |
| Vacant Housing Units | 566 (20.6%) |
| Median Home Value | $229,500 |
| Average Home Value | $260,714 |
Housing Distribution
Address Breakdown
Residential
2,141
Single Family
2,141
Multi-Family
0
Businesses
66
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
Single Family
Built in 1982
2.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26704, Augusta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,753 (100%) |
| Owner Occupied HU | 1,820 (66.1%) |
| Renter Occupied HU | 367 (13.3%) |
| Vacant Housing Units | 566 (20.6%) |
| Median Home Value | $229,500 |
| Average Home Value | $260,714 |
Housing Distribution
Address Breakdown
Residential
2,141
Single Family
2,141
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Bright MLS
Mls ID: #WVHS2007476