622 Shannondale RdHarpers FerryWV25425
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayMarkets with strong demand fundamentals often produce low-yield, high-appreciation assets. 622 Shannondale Rd, Harpers Ferry, WV, 25425 in Harpers Ferry fits: $410,000, 5.09% gross yield, and a projected 5% annual appreciation rate adding $113,275 in value within five years. Rental yield 5.09%. The narrow rent-to-debt spread is the trade-off for market growth. Ziffy Mortgage's DSCR loan (0.94) finances non-U.S. buyers without personal income documentation; optimise coverage with a 30–35% down payment. $3,776/yr in principal paydown and $113,275 in appreciation project a total return of $114,005.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 7.2% |
| Monthly Cash Flow | $(634) | $1,250 |
City averages based on Harpers Ferry market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,739 |
| Total Monthly Debt Service | $2,209 |
| DSCR Ratio | 0.79x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1961
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25425, Harpers Ferry, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,093 (100%) |
| Owner Occupied HU | 4,517 (74.1%) |
| Renter Occupied HU | 830 (13.6%) |
| Vacant Housing Units | 746 (12.2%) |
| Median Home Value | $348,409 |
| Average Home Value | $381,230 |
Housing Distribution
Address Breakdown
Residential
5,399
Single Family
3,903
Multi-Family
1,496
Businesses
150
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
Single Family
Built in 1961
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25425, Harpers Ferry, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,093 (100%) |
| Owner Occupied HU | 4,517 (74.1%) |
| Renter Occupied HU | 830 (13.6%) |
| Vacant Housing Units | 746 (12.2%) |
| Median Home Value | $348,409 |
| Average Home Value | $381,230 |
Housing Distribution
Address Breakdown
Residential
5,399
Single Family
3,903
Multi-Family
1,496
Businesses
150
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brianna Goetting • Pearson Smith Realty, LLC
Mls Name: Bright MLS
Mls ID: #WVJF2019446