610 Old Gauley RdMount NeboWV26679
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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 Mount Nebo at 610 Old Gauley Rd, Mount Nebo, WV, 26679 with 5% annual appreciation on a $395,000 basis while $2,489/mo rent supports operations. Total monthly income totals $2,489/mo and a $1,933/mo payment preserves $204/mo for cash returns. Annual cash flow comes to $2,446/yr on $130,943 deployed, and return on cash invested reaches 21.78% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 7.56%. Five-year ROI measures 112.32% and total cumulative return in cash totals $147,078.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,489/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2004
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Listed by: Kristina Lilly • REAL ESTATE LIMITED
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #91007
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.