506 Cinder Bin RdTerra AltaWV26764
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 Terra Alta at 506 Cinder Bin Rd, Terra Alta, WV, 26764 at $320,900 posts ROI 23% with $274/mo cash flow from $2,131/mo rent. Total monthly income equals $2,131/mo, and annual cash flow records $3,286/yr on $106,378 to close. Return on cash invested measures 23% and rental yield reads 7.97% at the current $320,900. Equity gained on principal adds $2,071/yr, and 5% annual appreciation supports $88,659 by year five. Five-year ROI prints 118.88% and total cumulative return in cash totals $126,466.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,131/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2003
1.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Nearby investment properties with comparable prices
Listed by: Brittany Dixon • ALPINE LAKE VACATIONS & SALES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156312
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