60 CornwellRomneyWV26757
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 Romney at 60 Cornwell, Romney, WV, 26757 priced at $389,990 converts $863/mo rent into after a $1,909/mo obligation. Total monthly income equals $863/mo. Return on cash invested prints 6.97% in year one, and rental yield reads 2.66% against a $389,990 entry. Equity gained on principal adds $2,517/yr, while 5% annual appreciation compiles into $107,747 by year five. Five-year ROI reaches 32.96% and total cumulative return in cash sums $42,605. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $863/mo property income covering a $1,909/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26757, Romney, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 1,911 (56.2%) |
| Renter Occupied HU | 873 (25.7%) |
| Vacant Housing Units | 619 (18.2%) |
| Median Home Value | $207,365 |
| Average Home Value | $236,083 |
Housing Distribution
Address Breakdown
Residential
2,906
Single Family
2,748
Multi-Family
158
Businesses
331
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kate Nazelrod • Pioneer Ridge Realty
Mls Name: Bright MLS
Mls ID: #WVHS2006502