601 Parkside TerBerkeley SpringsWV25411
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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
Investment Highlights
Investment property for sale in Berkeley Springs at 601 Parkside Ter, Berkeley Springs, WV, 25411 offers a 4.96% rental yield on a $450,000 purchase with $1,861/mo rent. 93% in year one. Equity gained on principal adds $2,904/yr while 5% annual appreciation supports $124,327 over five years. Portfolio math shows five-year ROI at 70.25% and total cumulative return in cash at $104,802. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,861/mo property income against a $2,203/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25411, Berkeley Springs, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,530 (100%) |
| Owner Occupied HU | 4,442 (68.0%) |
| Renter Occupied HU | 958 (14.7%) |
| Vacant Housing Units | 1,130 (17.3%) |
| Median Home Value | $238,613 |
| Average Home Value | $267,345 |
Housing Distribution
Address Breakdown
Residential
6,018
Single Family
6,016
Multi-Family
2
Businesses
441
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Listed by: Derek Rasmussen • Kesecker Realty, Inc.
Mls Name: Bright MLS
Mls ID: #WVMO2006934