509 Backus Mountain RdMeadow BridgeWV25976
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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 Meadow Bridge at 509 Backus Mountain Rd, Meadow Bridge, WV, 25976 priced at $150,000 pairs $1,035/mo rent with $167/mo cash flow after a $734/mo payment. Total monthly income equals $1,035/mo, and annual cash flow comes to $2,007/yr on $49,725 invested. Return on cash invested is 23.95% in year one, and rental yield stands at 8.28% on a $150,000 basis. Equity gained on principal adds $968/yr, and 5% annual appreciation accumulates to $41,442 by year five. Five-year ROI measures 124.05% and total cumulative return in cash reaches $61,686. For financing, Ziffy Mortgage’s DSCR program evaluates $1,035/mo property income against a $734/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25976, Meadow Bridge, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,273 (100%) |
| Owner Occupied HU | 846 (66.5%) |
| Renter Occupied HU | 161 (12.6%) |
| Vacant Housing Units | 266 (20.9%) |
| Median Home Value | $153,738 |
| Average Home Value | $173,895 |
Housing Distribution
Address Breakdown
Residential
873
Single Family
873
Multi-Family
0
Businesses
32
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Listed by: Martha T. Hilton • Fathom Realty, LLC
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-484
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.