601 Woodside Dr #601ThomasWV26292
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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 Thomas at 601 Woodside Dr #601, Thomas, WV, 26292 offers a 11.89% rental yield on a $190,000 purchase with $1,882/mo rent. Total monthly income registers $1,882/mo, and a $930/mo payment leaves $783/mo available for distribution. Annual cash flow reaches $9,391/yr on $62,985 to close, and return on cash invested stands at 34.82% in year one. Equity gained on principal adds $1,226/yr while 5% annual appreciation supports $52,494 over five years. Portfolio math shows five-year ROI at 182.31% and total cumulative return in cash at $114,828. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,882/mo property income against a $930/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2019
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26292, Thomas, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 443 (100%) |
| Owner Occupied HU | 238 (53.7%) |
| Renter Occupied HU | 97 (21.9%) |
| Vacant Housing Units | 108 (24.4%) |
| Median Home Value | $134,451 |
| Average Home Value | $142,216 |
Housing Distribution
Address Breakdown
Residential
145
Single Family
145
Multi-Family
0
Businesses
63
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Listed by: KIM LANDIS • KIM LANDIS REALTY
Mls Name: NCWV REIN
Mls ID: #10162228