6410 Meathouse Fork RdNew MiltonWV26411
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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 New Milton at 6410 Meathouse Fork Rd, New Milton, WV, 26411 listed at $295,000 pairs $1,129/mo rent with a $1,444/mo payment. Total monthly income runs $1,129/mo. Return on cash invested measures 12.82% in year one, and rental yield registers 4.59% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Five-year ROI tracks 64.28% and total cumulative return in cash totals $62,858. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,129/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26411, New Milton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 251 (65.2%) |
| Renter Occupied HU | 38 ( 9.9%) |
| Vacant Housing Units | 96 (24.9%) |
| Median Home Value | $156,731 |
| Average Home Value | $207,012 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
5
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Nearby investment properties with comparable prices
Listed by: Cindy Welch • Adrian Properties WV, LLC
Mls Name: My State MLS
Mls ID: #11282187