615 Mill StWest MilfordWV26451
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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 West Milford at 615 Mill St, West Milford, WV, 26451 generates $2,256/mo in rent and, after a $1,747/mo payment, leaves $191/mo in cash flow. Total monthly income is $2,256/mo, and annual cash flow is $2,288/yr on $118,346 invested. Return on cash invested sits at 21.84% in year one, and rental yield is 7.58% on a $357,000 entry. Equity gained on principal adds $2,304/yr, while 5% annual appreciation builds toward $98,633 over five years. Five-year ROI reaches 112.69% and total cumulative return in cash sums $133,360. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,256/mo property income rather than buyer’s personal income.
Single Family
Built in 2015
8.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26451, West Milford, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 189 (100%) |
| Owner Occupied HU | 136 (72.0%) |
| Renter Occupied HU | 34 (18.0%) |
| Vacant Housing Units | 19 (10.1%) |
| Median Home Value | $228,261 |
| Average Home Value | $229,357 |
Housing Distribution
Address Breakdown
Residential
90
Single Family
90
Multi-Family
0
Businesses
25
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Listed by: TRE KERNS • WHITETAIL PROPERTIES REAL ESTATE, LLC
Mls Name: NCWV REIN
Mls ID: #10162651