688 N Tenney DrBuckhannonWV26201
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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 Buckhannon at 688 N Tenney Dr, Buckhannon, WV, 26201 offers a 7.62% rental yield on a $279,900 purchase with $1,778/mo rent. Total monthly income registers $1,778/mo, and a $1,370/mo payment leaves $158/mo available for distribution. Annual cash flow reaches $1,901/yr on $92,787 to close, and return on cash invested stands at 21.96% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 113.32% and total cumulative return in cash at $105,145. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,778/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26201, Buckhannon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,850 (100%) |
| Owner Occupied HU | 5,510 (62.3%) |
| Renter Occupied HU | 2,222 (25.1%) |
| Vacant Housing Units | 1,118 (12.6%) |
| Median Home Value | $168,934 |
| Average Home Value | $201,369 |
Housing Distribution
Address Breakdown
Residential
8,166
Single Family
7,989
Multi-Family
177
Businesses
757
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Listed by: Lisa Smith • MOUNTAINEER PROPERTIES OF WV, LLC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156577
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 2024-02-07 10:15:58 PST