6615 Old Mill RdJane LewWV26378
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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 Jane Lew at 6615 Old Mill Rd, Jane Lew, WV, 26378 offers a 11.58% rental yield on a $159,000 purchase with $1,534/mo rent. Total monthly income registers $1,534/mo, and a $778/mo payment leaves $614/mo available for distribution. Annual cash flow reaches $7,371/yr on $52,709 to close, and return on cash invested stands at 33.89% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 177.37% and total cumulative return in cash at $93,492. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,534/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
0.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26378, Jane Lew, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,090 (100%) |
| Owner Occupied HU | 1,470 (70.3%) |
| Renter Occupied HU | 441 (21.1%) |
| Vacant Housing Units | 179 ( 8.6%) |
| Median Home Value | $216,594 |
| Average Home Value | $230,207 |
Housing Distribution
Address Breakdown
Residential
1,605
Single Family
1,605
Multi-Family
0
Businesses
139
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Listed by: Jo Helen Williams • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158450
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 2025-04-02 12:16:45 PDT