5349 Old Nicholas RdMount NeboWV26679
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
Rental property for sale in Mount Nebo at 5349 Old Nicholas Rd, Mount Nebo, WV, 26679 offers $1,072/mo rent that, after a $729/mo payment, leaves $210/mo cash flow. Total monthly income is $1,072/mo, and annual cash flow is $2,522/yr on $49,394 cash. Return on cash invested measures 25.01% in year one, and rental yield stands at 8.63% at a $149,000 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 129.79% and total cumulative return in cash reaches $64,108. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,072/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1946
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Nearby investment properties with comparable prices
Listed by: Kathy Darrah Jones • Real Estate Limited
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-195
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.