721 W Washington StGraftonWV26354
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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 Grafton at 721 W Washington St, Grafton, WV, 26354 uses $38,089 cash to close to unlock $2,970/yr annual cash flow and $248/mo monthly cash flow. Total monthly income runs $912/mo, and a $562/mo payment keeps the spread at $248/mo. Purchase price stands at $114,900, and rental yield measures 9.52% with $912/mo rent. Return on cash invested shows 27.71% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 144.2% and total cumulative return in cash records $54,926. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $912/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1966
9,600 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26354, Grafton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,572 (100%) |
| Owner Occupied HU | 3,140 (68.7%) |
| Renter Occupied HU | 962 (21.0%) |
| Vacant Housing Units | 470 (10.3%) |
| Median Home Value | $161,607 |
| Average Home Value | $228,300 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,080
Multi-Family
215
Businesses
285
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Listed by: JACQUELINE MAIER • FLOYD REAL ESTATE INC.
Mls Name: NCWV REIN
Mls ID: #10161154