6921 Parsons RdMontroseWV26283
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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 Montrose at 6921 Parsons Rd, Montrose, WV, 26283 listed at $289,000 pairs $1,972/mo rent with a $1,415/mo payment to leave $299/mo cash flow. Total monthly income runs $1,972/mo, and annual cash flow reaches $3,592/yr on $95,804 cash to close. Return on cash invested measures 23.66% in year one, and rental yield registers 8.19% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 122.44% and total cumulative return in cash totals $117,302. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,972/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1994
2.95 Acres lot
$N/A/sqft
No HOA
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Listed by: Dottie Arbogast • ALL SEASONS REAL ESTATE SERVICE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156900
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 2025-02-18 11:43:45 PST