6 Memory Ln, Alum Creek, WV, 25003 | $505/mo Cash Flow

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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

Investment property for sale in Alum Creek at 6 Memory Ln, Alum Creek, WV, 25003 offers a 9.52% rental yield on a $235,000 purchase with $1,865/mo rent. Total monthly income registers $1,865/mo, and a $1,150/mo payment leaves $505/mo available for distribution. Annual cash flow reaches $6,066/yr on $77,903 to close, and return on cash invested stands at 27.7% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 144.09% and total cumulative return in cash at $112,252. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,865/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

1.48 Acres 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