54 Sprout StClear ForkWV24822
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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 Clear Fork at 54 Sprout St, Clear Fork, WV, 24822 uses $55,029 cash to close to unlock $1,320/yr annual cash flow and $110/mo monthly cash flow. Total monthly income runs $1,070/mo, and a $812/mo payment keeps the spread at $110/mo. Purchase price stands at $166,000, and rental yield measures 7.73% with $1,070/mo rent. Return on cash invested shows 22.31% in year one, and 5% annual appreciation builds toward $45,863 over five years. Five-year ROI reaches 115.14% and total cumulative return in cash records $63,361. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,070/mo property income covering a $812/mo payment rather than investor’s personal income.
Manufactured
Built in 2002
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24822, Clear Fork, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 532 (100%) |
| Owner Occupied HU | 371 (69.7%) |
| Renter Occupied HU | 99 (18.6%) |
| Vacant Housing Units | 62 (11.7%) |
| Median Home Value | $82,188 |
| Average Home Value | $101,631 |
Housing Distribution
Address Breakdown
Residential
116
Single Family
116
Multi-Family
0
Businesses
3
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Listed by: Irena Cottle • WV REALTY PROS, LLC
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90870
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.