66 Willis LnPhilippiWV26416
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 Philippi at 66 Willis Ln, Philippi, WV, 26416 listed at $245,500 pairs $1,094/mo rent with a $1,202/mo payment. Total monthly income runs $1,094/mo. Return on cash invested measures 15.09% in year one, and rental yield registers 5.35% at a $245,500 basis. Equity gained on principal adds $1,584/yr, and annual property appreciation at 5% supports $67,827 by year five. Five-year ROI tracks 76.51% and total cumulative return in cash totals $62,269. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,094/mo property income relative to a $1,202/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1967
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26416, Philippi, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,158 (100%) |
| Owner Occupied HU | 1,963 (62.2%) |
| Renter Occupied HU | 708 (22.4%) |
| Vacant Housing Units | 487 (15.4%) |
| Median Home Value | $140,061 |
| Average Home Value | $168,565 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
2,920
Multi-Family
105
Businesses
214
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Nearby investment properties with comparable prices
Listed by: Stacy Wilson • BETTER HOMES AND GARDENS REAL ESTATE CENTRAL
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158721
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-04-16 12:10:21 PDT