62 Wayside DrPetersburgWV26847
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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 Petersburg at 62 Wayside Dr, Petersburg, WV, 26847 priced at $135,000 pairs $1,270/mo rent with $489/mo cash flow after a $661/mo payment. Total monthly income equals $1,270/mo, and annual cash flow comes to $5,864/yr on $44,753 invested. Return on cash invested is 33.01% in year one, and rental yield stands at 11.29% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 172.58% and total cumulative return in cash reaches $77,233. For financing, Ziffy Mortgage’s DSCR program evaluates $1,270/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
1.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26847, Petersburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,150 (100%) |
| Owner Occupied HU | 1,995 (63.3%) |
| Renter Occupied HU | 807 (25.6%) |
| Vacant Housing Units | 348 (11.0%) |
| Median Home Value | $165,793 |
| Average Home Value | $210,321 |
Housing Distribution
Address Breakdown
Residential
2,729
Single Family
2,705
Multi-Family
24
Businesses
303
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