607 S Pike St,Shinnston,WV,26431

Investment Highlights

Investment property for sale in Shinnston at 607 S Pike St, Shinnston, WV, 26431 listed at $198,000 pairs $1,495/mo rent with a $969/mo payment to leave $349/mo cash flow. Total monthly income runs $1,495/mo, and annual cash flow reaches $4,193/yr on $65,637 cash to close. Return on cash invested measures 26.3% in year one, and rental yield registers 9.06% at a $198,000 basis. Equity gained on principal adds $1,278/yr, and annual property appreciation at 5% supports $54,704 by year five. Five-year ROI tracks 136.61% and total cumulative return in cash totals $89,668. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,495/mo property income relative to a $969/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).