713 Back RdMill CreekWV26280
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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 Mill Creek at 713 Back Rd, Mill Creek, WV, 26280 offers $1,729/mo rent that, after a $1,610/mo payment. Total monthly income is $1,729/mo. Return on cash invested measures 17.99% in year one, and rental yield stands at 6.31% at a $329,000 entry. Equity gained on principal adds $2,123/yr while 5% annual appreciation compounds into $90,897 by year five. Five-year ROI records 92.04% and total cumulative return in cash reaches $100,377. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,729/mo property income versus a $1,610/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
9.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26280, Mill Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 737 (100%) |
| Owner Occupied HU | 474 (64.3%) |
| Renter Occupied HU | 153 (20.8%) |
| Vacant Housing Units | 110 (14.9%) |
| Median Home Value | $108,333 |
| Average Home Value | $148,112 |
Housing Distribution
Address Breakdown
Residential
547
Single Family
547
Multi-Family
0
Businesses
40
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Listed by: AMBER NESTOR • HOUSE HUNTERS REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10160584