570 Lakeview DrHornerWV26372
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 Horner at 570 Lakeview Dr, Horner, WV, 26372 priced at $120,000 pairs $1,300/mo rent with $523/mo cash flow after a $587/mo payment. Total monthly income equals $1,300/mo, and annual cash flow comes to $6,272/yr on $39,780 invested. Return on cash invested is 35.68% in year one, and rental yield stands at 13% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 187.83% and total cumulative return in cash reaches $74,719. For financing, Ziffy Mortgage’s DSCR program evaluates $1,300/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
2.96 Acres lot
$N/A/sqft
$1,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26372, Horner, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 315 (100%) |
| Owner Occupied HU | 227 (72.1%) |
| Renter Occupied HU | 38 (12.1%) |
| Vacant Housing Units | 50 (15.9%) |
| Median Home Value | $305,357 |
| Average Home Value | $316,013 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
20
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Listed by: Pam Myers • OLIVERIO REALTY, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154670
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 2024-02-07 10:15:58 PST