7636 Elk River Rd NClendeninWV25045
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 Clendenin at 7636 Elk River Rd N, Clendenin, WV, 25045 offers a 10.94% rental yield on a $139,900 purchase with $1,276/mo rent. Total monthly income registers $1,276/mo, and a $685/mo payment leaves $466/mo available for distribution. Annual cash flow reaches $5,595/yr on $46,377 to close, and return on cash invested stands at 31.97% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 167.11% and total cumulative return in cash at $77,499. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,276/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25045, Clendenin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,200 (100%) |
| Owner Occupied HU | 1,489 (67.7%) |
| Renter Occupied HU | 325 (14.8%) |
| Vacant Housing Units | 386 (17.5%) |
| Median Home Value | $132,585 |
| Average Home Value | $156,862 |
Housing Distribution
Address Breakdown
Residential
1,611
Single Family
1,611
Multi-Family
0
Businesses
84
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jordan Spears • Old Fences Realty INC
Mls Name: My State MLS
Mls ID: #11630199