604 Prosperity RdMount HopeWV25880
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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
Rental property for sale in Mount Hope at 604 Prosperity Rd, Mount Hope, WV, 25880 generates $1,860/mo in rent and, after a $1,101/mo payment, leaves $558/mo in cash flow. Total monthly income is $1,860/mo, and annual cash flow is $6,701/yr on $74,588 invested. Return on cash invested sits at 28.89% in year one, and rental yield is 9.92% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 150.5% and total cumulative return in cash sums $112,257. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,860/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25880, Mount Hope, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,198 (100%) |
| Owner Occupied HU | 1,845 (57.7%) |
| Renter Occupied HU | 981 (30.7%) |
| Vacant Housing Units | 372 (11.6%) |
| Median Home Value | $118,926 |
| Average Home Value | $159,890 |
Housing Distribution
Address Breakdown
Residential
2,408
Single Family
2,309
Multi-Family
99
Businesses
179
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Listed by: Charles Eller • RE/MAX PLATINUM REALTY, LLC
Mls Name: Beckley BOR
Mls ID: #92528