606 Windy Meadows LnFrankfordWV24938
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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 Frankford at 606 Windy Meadows Ln, Frankford, WV, 24938 offers a 7.33% rental yield on a $389,000 purchase with $2,377/mo rent. Total monthly income registers $2,377/mo, and a $1,904/mo payment leaves $126/mo available for distribution. Annual cash flow reaches $1,514/yr on $128,954 to close, and return on cash invested stands at 21.08% in year one. Equity gained on principal adds $2,510/yr while 5% annual appreciation supports $107,474 over five years. Portfolio math shows five-year ROI at 108.63% and total cumulative return in cash at $140,082. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,377/mo property income against a $1,904/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
10.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24938, Frankford, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 444 (65.5%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 143 (21.1%) |
| Median Home Value | $223,810 |
| Average Home Value | $271,599 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
24
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Listed by: Alisha M. Patterson • Patterson & Co. Luxury Real Estate
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-264
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.