656 Back Draft RdGreen BankWV24944
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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 Green Bank at 656 Back Draft Rd, Green Bank, WV, 24944 uses $160,778 cash to close to unlock $7,591/yr annual cash flow and $633/mo monthly cash flow. Total monthly income runs $3,439/mo, and a $2,374/mo payment keeps the spread at $633/mo. Purchase price stands at $485,000, and rental yield measures 8.51% with $3,439/mo rent. Return on cash invested shows 24.63% in year one, and 5% annual appreciation builds toward $133,997 over five years. Five-year ROI reaches 127.63% and total cumulative return in cash records $205,202. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,439/mo property income covering a $2,374/mo payment rather than investor’s personal income.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24944, Green Bank, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 221 (100%) |
| Owner Occupied HU | 134 (60.6%) |
| Renter Occupied HU | 20 ( 9.0%) |
| Vacant Housing Units | 67 (30.3%) |
| Median Home Value | $172,059 |
| Average Home Value | $194,739 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
25
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Listed by: Whitetail Properties • Whitetail Properties
Mls Name: Whitetail Properties
Mls ID: #WVPO2000018