621 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
Investment property for sale in Ceredo at 621 Main St, Ceredo, WV, 25507 at $204,750 posts ROI 30.91% with $622/mo cash flow from $1,807/mo rent. Total monthly income equals $1,807/mo, and annual cash flow records $7,469/yr on $67,875 to close. Return on cash invested measures 30.91% and rental yield reads 10.59% at the current $204,750. Equity gained on principal adds $1,321/yr, and 5% annual appreciation supports $56,569 by year five. Five-year ROI prints 161.36% and total cumulative return in cash totals $109,523.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,807/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1884
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: Melanie Slayton • Village Realty Group, Inc.
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #179735
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.