775 Corner RdCabinsWV26855
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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 Cabins at 775 Corner Rd, Cabins, WV, 26855 priced at $184,900 converts $1,588/mo rent into $518/mo cash flow after a $905/mo obligation. Total monthly income equals $1,588/mo, and annual cash flow totals $6,218/yr on $61,294 invested. Return on cash invested prints 30.05% in year one, and rental yield reads 10.31% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 156.79% and total cumulative return in cash sums $96,103. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,588/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1970
1.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26855, Cabins, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 286 (100%) |
| Owner Occupied HU | 193 (67.5%) |
| Renter Occupied HU | 22 ( 7.7%) |
| Vacant Housing Units | 71 (24.8%) |
| Median Home Value | $199,265 |
| Average Home Value | $238,523 |
Housing Distribution
Address Breakdown
Residential
274
Single Family
274
Multi-Family
0
Businesses
5
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Listed by: Shane Keplinger • Old Dominion Realty
Mls Name: Bright MLS
Mls ID: #WVGT2001268