56 Spruce St, Canvas, WV, 26662 | $17/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Canvas at 56 Spruce St, Canvas, WV, 26662 offers $2,072/mo rent that, after a $1,738/mo payment, leaves $17/mo cash flow. Total monthly income is $2,072/mo, and annual cash flow is $210/yr on $117,683 cash. Return on cash invested measures 20.09% in year one, and rental yield stands at 7% at a $355,000 entry. Equity gained on principal adds $2,291/yr while 5% annual appreciation compounds into $98,080 by year five. Five-year ROI records 103.29% and total cumulative return in cash reaches $121,560. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,072/mo property income versus a $1,738/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1998

1.60 Acres lot

$N/A/sqft

No HOA