734 Vanderpool LnRenickWV24966
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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 Renick at 734 Vanderpool Ln, Renick, WV, 24966 priced at $1,500,000 converts $2,197/mo rent into after a $7,342/mo obligation. Total monthly income equals $2,197/mo. Return on cash invested prints 4.36% in year one, and rental yield reads 1.76% against a $1,500,000 entry. Equity gained on principal adds $9,679/yr, while 5% annual appreciation compiles into $414,422 by year five. Five-year ROI reaches 18.84% and total cumulative return in cash sums $91,571. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,197/mo property income covering a $7,342/mo payment, not borrower’s personal income.
Single Family
Built in 1892
431.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24966, Renick, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 511 (61.8%) |
| Renter Occupied HU | 107 (12.9%) |
| Vacant Housing Units | 209 (25.3%) |
| Median Home Value | $152,926 |
| Average Home Value | $176,727 |
Housing Distribution
Address Breakdown
Residential
515
Single Family
515
Multi-Family
0
Businesses
22
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Listed by: Jane Katherine Scott • Old Spruce Realty
Mls Name: GVMLS
Mls Provider:
Mls ID: #25-140
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.