56C Baneberry LnTerra AltaWV26764
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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 Terra Alta at 56C Baneberry Ln, Terra Alta, WV, 26764 offers a 10.2% rental yield on a $149,900 purchase with $1,274/mo rent. Total monthly income registers $1,274/mo, and a $734/mo payment leaves $186/mo available for distribution. Annual cash flow reaches $2,226/yr on $49,692 to close, and return on cash invested stands at 24.39% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 128.35% and total cumulative return in cash at $63,779. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,274/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1983
1,065 sqft lot
$N/A/sqft
$2,650 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Casey Westfall • COMPASS REALTY GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157458
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-02-18 05:13:37 PST