54 Mount Vista DrNew CreekWV26743
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 New Creek at 54 Mount Vista Dr, New Creek, WV, 26743 priced at $460,000 converts $2,261/mo rent into after a $2,251/mo obligation. Total monthly income equals $2,261/mo. Return on cash invested prints 16.76% in year one, and rental yield reads 5.9% against a $460,000 entry. Equity gained on principal adds $2,968/yr, while 5% annual appreciation compiles into $127,090 by year five. Five-year ROI reaches 85.42% and total cumulative return in cash sums $130,261. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,261/mo property income covering a $2,251/mo payment, not borrower’s personal income.
Single Family
Built in 1996
4.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26743, New Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 686 (100%) |
| Owner Occupied HU | 505 (73.6%) |
| Renter Occupied HU | 76 (11.1%) |
| Vacant Housing Units | 105 (15.3%) |
| Median Home Value | $259,034 |
| Average Home Value | $259,683 |
Housing Distribution
Address Breakdown
Residential
641
Single Family
641
Multi-Family
0
Businesses
23
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Listed by: Megan Alt • Mountainside Home Realty
Mls Name: Bright MLS
Mls ID: #WVMI2003844