67 West Virgina AveSalemWV26426
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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 Salem at 67 West Virgina Ave, Salem, WV, 26426 priced at $100,000 converts $773/mo rent into $195/mo cash flow after a $489/mo obligation. Total monthly income equals $773/mo, and annual cash flow totals $2,338/yr on $33,150 invested. Return on cash invested prints 26.96% in year one, and rental yield reads 9.28% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 140.14% and total cumulative return in cash sums $46,456. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $773/mo property income covering a $489/mo payment, not borrower’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: 26426, Salem, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,968 (67.3%) |
| Renter Occupied HU | 525 (18.0%) |
| Vacant Housing Units | 430 (14.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $214,647 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,567
Multi-Family
118
Businesses
117
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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