611 River StGassawayWV26624
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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
Rental property for sale in Gassaway at 611 River St, Gassaway, WV, 26624 offers $1,133/mo rent that, after a $1,150/mo payment. Total monthly income is $1,133/mo. Return on cash invested measures 16.42% in year one, and rental yield stands at 5.79% at a $235,000 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,926 by year five. Five-year ROI records 83.63% and total cumulative return in cash reaches $65,152. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,133/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 2024
4,791 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Lisa Rader • Central WV Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11631126