506 Evening StMoorefieldWV26836
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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
Rental property for sale in Moorefield at 506 Evening St, Moorefield, WV, 26836 offers $2,552/mo rent that, after a $2,325/mo payment. Total monthly income is $2,552/mo. Return on cash invested measures 18.41% in year one, and rental yield stands at 6.45% at a $475,000 entry. Equity gained on principal adds $3,065/yr while 5% annual appreciation compounds into $131,234 by year five. Five-year ROI records 94.28% and total cumulative return in cash reaches $148,459. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,552/mo property income versus a $2,325/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26836, Moorefield, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,469 (100%) |
| Owner Occupied HU | 1,824 (52.6%) |
| Renter Occupied HU | 1,023 (29.5%) |
| Vacant Housing Units | 622 (17.9%) |
| Median Home Value | $160,458 |
| Average Home Value | $188,198 |
Housing Distribution
Address Breakdown
Residential
2,812
Single Family
2,742
Multi-Family
70
Businesses
355
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Listed by: Earl Snyder • Cypress Properties
Mls Name: My State MLS
Mls ID: #11587823