6155 Union Campground RdLetartWV25253
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Letart at 6155 Union Campground Rd, Letart, WV, 25253 generates $2,990/mo in rent and, after a $1,640/mo payment, leaves $1,051/mo in cash flow. Total monthly income is $2,990/mo, and annual cash flow is $12,616/yr on $111,053 invested. Return on cash invested sits at 31.27% in year one, and rental yield is 10.71% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 163.26% and total cumulative return in cash sums $181,304. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,990/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25253, Letart, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,116 (100%) |
| Owner Occupied HU | 848 (76.0%) |
| Renter Occupied HU | 123 (11.0%) |
| Vacant Housing Units | 145 (13.0%) |
| Median Home Value | $158,475 |
| Average Home Value | $181,828 |
Housing Distribution
Address Breakdown
Residential
844
Single Family
844
Multi-Family
0
Businesses
19
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Sandra Jones Dunn • Homestead Realty
Mls Name: KVBR
Mls ID: #281053