508 Hillcrest CirBridgeportWV26330
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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
Rental property for sale in Bridgeport at 508 Hillcrest Cir, Bridgeport, WV, 26330 offers $3,871/mo rent that, after a $1,955/mo payment, leaves $1,560/mo cash flow. Total monthly income is $3,871/mo, and annual cash flow is $18,717/yr on $132,434 cash. Return on cash invested measures 34.04% in year one, and rental yield stands at 11.63% at a $399,500 entry. Equity gained on principal adds $2,578/yr while 5% annual appreciation compounds into $110,374 by year five. Five-year ROI records 178.1% and total cumulative return in cash reaches $235,863. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,871/mo property income versus a $1,955/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26330, Bridgeport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,109 (70.1%) |
| Renter Occupied HU | 1,621 (22.2%) |
| Vacant Housing Units | 557 ( 7.6%) |
| Median Home Value | $289,461 |
| Average Home Value | $304,534 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,821
Multi-Family
499
Businesses
974
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Listed by: Hilary Gonzalez • KAUFMAN REALTY AND AUCTIONS
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155450
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