692 Ashley LnSummersvilleWV26651
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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 Summersville at 692 Ashley Ln, Summersville, WV, 26651 offers a 8.25% rental yield on a $269,000 purchase with $1,849/mo rent. Total monthly income registers $1,849/mo, and a $1,317/mo payment leaves $292/mo available for distribution. Annual cash flow reaches $3,506/yr on $89,174 to close, and return on cash invested stands at 23.84% in year one. Equity gained on principal adds $1,736/yr while 5% annual appreciation supports $74,320 over five years. Portfolio math shows five-year ROI at 123.45% and total cumulative return in cash at $110,087. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,849/mo property income against a $1,317/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
1.10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26651, Summersville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,443 (100%) |
| Owner Occupied HU | 2,876 (64.7%) |
| Renter Occupied HU | 982 (22.1%) |
| Vacant Housing Units | 585 (13.2%) |
| Median Home Value | $161,969 |
| Average Home Value | $224,848 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,894
Multi-Family
107
Businesses
515
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Nearby investment properties with comparable prices
Listed by: Kathy Darrah Jones • Real Estate Limited
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-191
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.