5242 W Veterans Memorial HwyBridgeportWV26330
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 Bridgeport at 5242 W Veterans Memorial Hwy, Bridgeport, WV, 26330 offers a 8.4% rental yield on a $289,000 purchase with $2,023/mo rent. Total monthly income registers $2,023/mo, and a $1,415/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,204/yr on $95,804 to close, and return on cash invested stands at 24.3% in year one. Equity gained on principal adds $1,865/yr while 5% annual appreciation supports $79,845 over five years. Portfolio math shows five-year ROI at 125.87% and total cumulative return in cash at $120,590. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,023/mo property income against a $1,415/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.38 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cheryl Workman • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls ID: #10160324