76 Gruber RdSummit PointWV25446
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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 Summit Point at 76 Gruber Rd, Summit Point, WV, 25446 generates $2,840/mo in rent, after a $3,059/mo payment. Total monthly income is $2,840/mo. Return on cash invested sits at 15.53% in year one, and rental yield is 5.45% on a $625,000 entry. Equity gained on principal adds $4,033/yr, while 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 78.79% and total cumulative return in cash sums $162,013. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,840/mo property income rather than buyer’s personal income.
Single Family
Built in 1997
4.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25446, Summit Point, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 630 (100%) |
| Owner Occupied HU | 497 (78.9%) |
| Renter Occupied HU | 79 (12.5%) |
| Vacant Housing Units | 54 ( 8.6%) |
| Median Home Value | $415,368 |
| Average Home Value | $396,247 |
Housing Distribution
Address Breakdown
Residential
527
Single Family
527
Multi-Family
0
Businesses
37
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Listed by: Brett Sowder • RE/MAX Roots
Mls Name: Bright MLS
Mls ID: #WVJF2018880