604 Stringtown RdLooneyvilleWV25259
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
Investment property for sale in Looneyville at 604 Stringtown Rd, Looneyville, WV, 25259 offers a 7.32% rental yield on a $240,000 purchase with $1,465/mo rent. Total monthly income registers $1,465/mo, and a $1,175/mo payment leaves $76/mo available for distribution. Annual cash flow reaches $912/yr on $79,560 to close, and return on cash invested stands at 21.06% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 108.43% and total cumulative return in cash at $86,270. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,465/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
100 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25259, Looneyville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 438 (100%) |
| Owner Occupied HU | 304 (69.4%) |
| Renter Occupied HU | 60 (13.7%) |
| Vacant Housing Units | 74 (16.9%) |
| Median Home Value | $196,250 |
| Average Home Value | $317,138 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
4
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Nearby investment properties with comparable prices
Listed by: Taylor Johnston • Old Fences Realty INC
Mls Name: My State MLS
Mls ID: #11487153