619 Main StCeredoWV25507
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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 Ceredo at 619 Main St, Ceredo, WV, 25507 generates $1,144/mo in rent and, after a $783/mo payment, leaves $218/mo in cash flow. Total monthly income is $1,144/mo, and annual cash flow is $2,621/yr on $53,007 invested. Return on cash invested sits at 24.85% in year one, and rental yield is 8.59% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 128.87% and total cumulative return in cash sums $68,310. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,144/mo property income rather than buyer’s personal income.
Single Family
Built in 1957
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25507, Ceredo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 460 (100%) |
| Owner Occupied HU | 237 (51.5%) |
| Renter Occupied HU | 183 (39.8%) |
| Vacant Housing Units | 40 ( 8.7%) |
| Median Home Value | $152,717 |
| Average Home Value | $155,496 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
109
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Listed by: Brett Clutters • Selling Wv Real Estate Professionals
Mls Name: HUNTMLS
Mls ID: #182168