74 Cherokee Ln,Riverton,WV,26814

Investment Highlights

Rental property for sale in Riverton at 74 Cherokee Ln, Riverton, WV, 26814 offers $1,428/mo rent that, after a $1,121/mo payment, leaves $103/mo cash flow. Total monthly income is $1,428/mo, and annual cash flow is $1,234/yr on $75,914 cash. Return on cash invested measures 21.53% in year one, and rental yield stands at 7.48% at a $229,000 entry. Equity gained on principal adds $1,478/yr while 5% annual appreciation compounds into $63,268 by year five. Five-year ROI records 111.04% and total cumulative return in cash reaches $84,293. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,428/mo property income versus a $1,121/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.