6 Lincoln HtsAlum CreekWV25003
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
Investment property for sale in Alum Creek at 6 Lincoln Hts, Alum Creek, WV, 25003 uses $139,230 cash to close to unlock $9,558/yr annual cash flow and $797/mo monthly cash flow. Total monthly income runs $3,227/mo, and a $2,056/mo payment keeps the spread at $797/mo. Purchase price stands at $420,000, and rental yield measures 9.22% with $3,227/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $116,038 over five years. Five-year ROI reaches 139.14% and total cumulative return in cash records $193,723. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,227/mo property income covering a $2,056/mo payment rather than investor’s personal income.
Multi Family
Built in 2007
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25003, Alum Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 783 (72.2%) |
| Renter Occupied HU | 188 (17.3%) |
| Vacant Housing Units | 113 (10.4%) |
| Median Home Value | $160,352 |
| Average Home Value | $190,980 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
869
Multi-Family
28
Businesses
59
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Nearby investment properties with comparable prices
Listed by: Kresta Hill • Berkshire Hathaway HS GER
Mls Name: KVBR
Mls Provider:
Mls ID: #272930
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.