715 Washington St EBarrackvilleWV26559
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Barrackville at 715 Washington St E, Barrackville, WV, 26559 with 5% annual appreciation on a $194,000 basis while $1,241/mo rent supports operations. Total monthly income totals $1,241/mo and a $950/mo payment preserves $118/mo for cash returns. Annual cash flow comes to $1,416/yr on $64,311 deployed, and return on cash invested reaches 22.11% in year one. Equity gained on principal adds $1,252/yr, and five-year appreciation sums $53,599 alongside rental yield of 7.68%. Five-year ROI measures 114.19% and total cumulative return in cash totals $73,436.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,241/mo property income versus a $950/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1916
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26559, Barrackville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 513 (100%) |
| Owner Occupied HU | 396 (77.2%) |
| Renter Occupied HU | 67 (13.1%) |
| Vacant Housing Units | 50 ( 9.7%) |
| Median Home Value | $173,529 |
| Average Home Value | $205,246 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jeff Merrifield • FORMA REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156262
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