547 North AveRonceverteWV24970
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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
Rental property for sale in Ronceverte at 547 North Ave, Ronceverte, WV, 24970 offers $1,268/mo rent that, after a $636/mo payment, leaves $485/mo cash flow. Total monthly income is $1,268/mo, and annual cash flow is $5,821/yr on $43,095 cash. Return on cash invested measures 33.42% in year one, and rental yield stands at 11.7% at a $130,000 entry. Equity gained on principal adds $839/yr while 5% annual appreciation compounds into $35,917 by year five. Five-year ROI records 175.15% and total cumulative return in cash reaches $75,483. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,268/mo property income versus a $636/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Leah M Spence • Patterson & Co. Luxury Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-755
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.