752 McElhenny RdLewisburgWV24901
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 Lewisburg at 752 McElhenny Rd, Lewisburg, WV, 24901 uses $135,584 cash to close to unlock $52/yr annual cash flow and $4/mo monthly cash flow. Total monthly income runs $2,371/mo, and a $2,002/mo payment keeps the spread at $4/mo. Purchase price stands at $409,000, and rental yield measures 6.96% with $2,371/mo rent. Return on cash invested shows 19.95% in year one, and 5% annual appreciation builds toward $112,999 over five years. Five-year ROI reaches 102.54% and total cumulative return in cash records $139,029. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,371/mo property income covering a $2,002/mo payment rather than investor’s personal income.
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24901, Lewisburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,658 (100%) |
| Owner Occupied HU | 2,686 (57.7%) |
| Renter Occupied HU | 1,358 (29.2%) |
| Vacant Housing Units | 614 (13.2%) |
| Median Home Value | $237,463 |
| Average Home Value | $348,912 |
Housing Distribution
Address Breakdown
Residential
4,446
Single Family
4,170
Multi-Family
276
Businesses
704
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lawrence J Ickes • Fathom Realty, LLC
Mls Name: GVMLS
Mls ID: #25-1106