6316 Rines Ridge RoadProctorWV26055
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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 Proctor at 6316 Rines Ridge Road, Proctor, WV, 26055 priced at $215,000 pairs $0/mo rent with after a $1,052/mo payment. Total monthly income equals $0/mo. Return on cash invested is -1.03% in year one, and rental yield stands at 0% on a $215,000 basis. Equity gained on principal adds $1,387/yr, and 5% annual appreciation accumulates to $59,401 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $1,052/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1990
8.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26055, Proctor, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 509 (74.1%) |
| Renter Occupied HU | 72 (10.5%) |
| Vacant Housing Units | 106 (15.4%) |
| Median Home Value | $200,202 |
| Average Home Value | $190,231 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
28
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kaitlyn Groves • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #138867
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