601 Ivy St, Summersville, WV, 26651 | $335/mo Cash Flow

For Sale

Ziffy Mortgage

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 Summersville at 601 Ivy St, Summersville, WV, 26651 uses $62,952 cash to close to unlock $4,016/yr annual cash flow and $335/mo monthly cash flow. Total monthly income runs $1,433/mo, and a $929/mo payment keeps the spread at $335/mo. Purchase price stands at $189,900, and rental yield measures 9.06% with $1,433/mo rent. Return on cash invested shows 26.29% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 136.53% and total cumulative return in cash records $85,949. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,433/mo property income covering a $929/mo payment rather than investor’s personal income.

Single Family

Built in 1935

3,049 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 26651, Summersville, WV area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,443 (100%)
Owner Occupied HU	2,876 (64.7%)
Renter Occupied HU	982 (22.1%)
Vacant Housing Units	585 (13.2%)
Median Home Value	$161,969
Average Home Value	$224,848