62 Salinger CtGerrardstownWV25420
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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 Gerrardstown at 62 Salinger Ct, Gerrardstown, WV, 25420 with 5% annual appreciation on a $475,000 basis while $3,854/mo rent supports operations. Total monthly income totals $3,854/mo and a $2,325/mo payment preserves $1,105/mo for cash returns. Annual cash flow comes to $13,266/yr on $157,463 deployed, and return on cash invested reaches 28.33% in year one. Equity gained on principal adds $3,065/yr, and five-year appreciation sums $131,234 alongside rental yield of 9.74%. Five-year ROI measures 147.51% and total cumulative return in cash totals $232,267.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,854/mo property income versus a $2,325/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25420, Gerrardstown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,952 (100%) |
| Owner Occupied HU | 1,636 (83.8%) |
| Renter Occupied HU | 210 (10.8%) |
| Vacant Housing Units | 106 ( 5.4%) |
| Median Home Value | $343,284 |
| Average Home Value | $358,495 |
Housing Distribution
Address Breakdown
Residential
1,806
Single Family
1,806
Multi-Family
0
Businesses
37
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Listed by: Lucy Brewer • Keller Williams Realty
Mls Name: Bright MLS
Mls ID: #WVBE2042822