60 Westfall AveLost CreekWV26385
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 Lost Creek at 60 Westfall Ave, Lost Creek, WV, 26385 priced at $299,000 pairs $2,759/mo rent with $1,029/mo cash flow after a $1,463/mo payment. Total monthly income equals $2,759/mo, and annual cash flow comes to $12,353/yr on $99,119 invested. Return on cash invested is 32.37% in year one, and rental yield stands at 11.07% on a $299,000 basis. Equity gained on principal adds $1,929/yr, and 5% annual appreciation accumulates to $82,608 by year five. Five-year ROI measures 169.18% and total cumulative return in cash reaches $167,686. For financing, Ziffy Mortgage’s DSCR program evaluates $2,759/mo property income against a $1,463/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1895
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26385, Lost Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,436 (100%) |
| Owner Occupied HU | 1,142 (79.5%) |
| Renter Occupied HU | 180 (12.5%) |
| Vacant Housing Units | 114 ( 7.9%) |
| Median Home Value | $225,000 |
| Average Home Value | $264,825 |
Housing Distribution
Address Breakdown
Residential
1,295
Single Family
1,295
Multi-Family
0
Businesses
46
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Listed by: Casey Bowie • BOWIE HOME & LAND, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156187
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