740 Dunkard Mill RdFarmingtonWV26571
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 Farmington at 740 Dunkard Mill Rd, Farmington, WV, 26571 offers a 8.68% rental yield on a $319,900 purchase with $2,315/mo rent. Total monthly income registers $2,315/mo, and a $1,566/mo payment leaves $464/mo available for distribution. Annual cash flow reaches $5,565/yr on $106,047 to close, and return on cash invested stands at 25.16% in year one. Equity gained on principal adds $2,064/yr while 5% annual appreciation supports $88,382 over five years. Portfolio math shows five-year ROI at 130.47% and total cumulative return in cash at $138,356. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,315/mo property income against a $1,566/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
5.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26571, Farmington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,129 (100%) |
| Owner Occupied HU | 826 (73.2%) |
| Renter Occupied HU | 163 (14.4%) |
| Vacant Housing Units | 140 (12.4%) |
| Median Home Value | $143,182 |
| Average Home Value | $167,718 |
Housing Distribution
Address Breakdown
Residential
684
Single Family
684
Multi-Family
0
Businesses
42
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Listed by: KARA THOMAS • SPRINGSTON REAL ESTATE
Mls Name: NCWV REIN
Mls ID: #10162205