67 Fern LaneDavisWV26260
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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 Davis at 67 Fern Lane, Davis, WV, 26260 offers $2,455/mo rent that, after a $2,834/mo payment. Total monthly income is $2,455/mo. Return on cash invested measures 14.42% in year one, and rental yield stands at 5.09% at a $579,000 entry. Equity gained on principal adds $3,736/yr while 5% annual appreciation compounds into $159,967 by year five. Five-year ROI records 72.84% and total cumulative return in cash reaches $138,763. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,455/mo property income versus a $2,834/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1999
2.08 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26260, Davis, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,523 (100%) |
| Owner Occupied HU | 447 (29.3%) |
| Renter Occupied HU | 137 ( 9.0%) |
| Vacant Housing Units | 939 (61.7%) |
| Median Home Value | $192,092 |
| Average Home Value | $319,351 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
124
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Listed by: CAT VON GERSDORFF • BEST OF CANAAN, LLC
Mls Name: NCWV REIN
Mls ID: #10161455