72 Powderidge DrSnowshoeWV26209
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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 Snowshoe at 72 Powderidge Dr, Snowshoe, WV, 26209 uses $62,952 cash to close to unlock $92/yr annual cash flow and $8/mo monthly cash flow. Total monthly income runs $1,106/mo, and a $929/mo payment keeps the spread at $8/mo. Purchase price stands at $189,900, and rental yield measures 6.99% with $1,106/mo rent. Return on cash invested shows 20.06% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 103.12% and total cumulative return in cash records $64,913. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,106/mo property income covering a $929/mo payment rather than investor’s personal income.
Condo
Built in 1981
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26209, Snowshoe, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | |
| Owner Occupied HU | |
| Renter Occupied HU | |
| Vacant Housing Units | |
| Median Home Value | |
| Average Home Value |
Housing Distribution
Address Breakdown
Residential
6
Single Family
6
Multi-Family
0
Businesses
12
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Listed by: Ginger L Brush • First Tracts Real Estate, LLC
Mls Name: GVMLS
Mls ID: #26-56