6290 Hollywood Glace RdGap MillsWV24941
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
Investment Highlights
Investment property for sale in Gap Mills at 6290 Hollywood Glace Rd, Gap Mills, WV, 24941 listed at $140,000 pairs $1,101/mo rent with a $685/mo payment to leave $291/mo cash flow. Total monthly income runs $1,101/mo, and annual cash flow reaches $3,494/yr on $46,410 cash to close. Return on cash invested measures 27.44% in year one, and rental yield registers 9.44% at a $140,000 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,679 by year five. Five-year ROI tracks 142.78% and total cumulative return in cash totals $66,262. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,101/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1961
26.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24941, Gap Mills, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 346 (50.4%) |
| Renter Occupied HU | 73 (10.6%) |
| Vacant Housing Units | 268 (39.0%) |
| Median Home Value | $157,895 |
| Average Home Value | $229,754 |
Housing Distribution
Address Breakdown
Residential
503
Single Family
503
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa L. Circle • Red Oak Realty
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1357
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.