605 Mineral RdGlenvilleWV26351
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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 Glenville at 605 Mineral Rd, Glenville, WV, 26351 uses $62,654 cash to close to unlock $1,998/yr annual cash flow and $166/mo monthly cash flow. Total monthly income runs $1,260/mo, and a $925/mo payment keeps the spread at $166/mo. Purchase price stands at $189,000, and rental yield measures 8% with $1,260/mo rent. Return on cash invested shows 23.1% in year one, and 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 119.45% and total cumulative return in cash records $74,842. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,260/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1950
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26351, Glenville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 717 (50.7%) |
| Renter Occupied HU | 452 (32.0%) |
| Vacant Housing Units | 244 (17.3%) |
| Median Home Value | $99,700 |
| Average Home Value | $136,813 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,280
Multi-Family
16
Businesses
173
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Listed by: CONNIE HOOVER • BOWIE HOME & LAND, LLC
Mls Name: NCWV REIN
Mls ID: #10162109