594 Newman RdBuckeyeWV24924
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 Buckeye at 594 Newman Rd, Buckeye, WV, 24924 priced at $199,500 pairs $1,440/mo rent with $286/mo cash flow after a $976/mo payment. Total monthly income equals $1,440/mo, and annual cash flow comes to $3,433/yr on $66,134 invested. Return on cash invested is 25.1% in year one, and rental yield stands at 8.66% on a $199,500 basis. Equity gained on principal adds $1,287/yr, and 5% annual appreciation accumulates to $55,118 by year five. Five-year ROI measures 130.22% and total cumulative return in cash reaches $86,119. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $976/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24924, Buckeye, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 335 (100%) |
| Owner Occupied HU | 165 (49.3%) |
| Renter Occupied HU | 30 ( 9.0%) |
| Vacant Housing Units | 140 (41.8%) |
| Median Home Value | $154,167 |
| Average Home Value | $175,409 |
Housing Distribution
Address Breakdown
Residential
242
Single Family
242
Multi-Family
0
Businesses
22
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Listed by: Ellie A Persinger • Greenbrier Real Estate Service
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1622
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.