7707 Burch Ridge RoadProctorWV26055
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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 Proctor at 7707 Burch Ridge Road, Proctor, WV, 26055 offers a 0% rental yield on a $169,900 purchase with $0/mo rent. 05% in year one. Equity gained on principal adds $1,096/yr while 5% annual appreciation supports $46,940 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $832/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1940
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26055, Proctor, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 687 (100%) |
| Owner Occupied HU | 509 (74.1%) |
| Renter Occupied HU | 72 (10.5%) |
| Vacant Housing Units | 106 (15.4%) |
| Median Home Value | $200,202 |
| Average Home Value | $190,231 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
705
Multi-Family
0
Businesses
28
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Listed by: Sara Cool • CityWide Realty -New Martinsville
Mls Name: Wheeling BOR
Mls ID: #139795