7669 Herndon RdHerndonWV24726
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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
Investment property for sale in Herndon at 7669 Herndon Rd, Herndon, WV, 24726 earns $472/mo cash flow from $1,571/mo rent with a $930/mo payment. Total monthly income totals $1,571/mo, and annual cash flow totals $5,659/yr on $62,985 capital. ROI tracks 28.89% on current figures, and rental yield reads 9.92% at a $190,000 purchase. Equity gained on principal adds $1,226/yr, and 5% annual appreciation supports $52,494 over five years. Five-year ROI reaches 150.53% and total cumulative return in cash sums $94,812. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,571/mo property income instead of your personal income.
Single Family
Built in 1988
2.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24726, Herndon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 602 (100%) |
| Owner Occupied HU | 405 (67.3%) |
| Renter Occupied HU | 99 (16.4%) |
| Vacant Housing Units | 98 (16.3%) |
| Median Home Value | $63,000 |
| Average Home Value | $78,488 |
Housing Distribution
Address Breakdown
Residential
188
Single Family
188
Multi-Family
0
Businesses
2
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Listed by: Kaylee Christian • OLD COLONY REALTORS
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #92513
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.