516 Wilkes StBerkeley SpringsWV25411
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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
Investment property for sale in Berkeley Springs at 516 Wilkes St, Berkeley Springs, WV, 25411 with 5% annual appreciation on a $250,000 basis while $1,338/mo rent supports operations. 33% in year one. Equity gained on principal adds $1,613/yr, and five-year appreciation sums $69,070 alongside rental yield of 6.42%. Five-year ROI measures 93.9% and total cumulative return in cash totals $77,818. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,338/mo property income versus a $1,224/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
10,019 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25411, Berkeley Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,530 (100%) |
| Owner Occupied HU | 4,442 (68.0%) |
| Renter Occupied HU | 958 (14.7%) |
| Vacant Housing Units | 1,130 (17.3%) |
| Median Home Value | $238,613 |
| Average Home Value | $267,345 |
Housing Distribution
Address Breakdown
Residential
6,018
Single Family
6,016
Multi-Family
2
Businesses
441
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Listed by: Dalton Stem • LPT Realty, LLC
Mls Name: Bright MLS
Mls ID: #WVMO2006332