810 2nd AveNew CumberlandWV26047
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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 New Cumberland at 810 2nd Ave, New Cumberland, WV, 26047 offers a 7.86% rental yield on a $109,900 purchase with $720/mo rent. Total monthly income registers $720/mo, and a $538/mo payment leaves $84/mo available for distribution. Annual cash flow reaches $1,008/yr on $36,432 to close, and return on cash invested stands at 22.68% in year one. Equity gained on principal adds $709/yr while 5% annual appreciation supports $30,363 over five years. Portfolio math shows five-year ROI at 117.27% and total cumulative return in cash at $42,724. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $720/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26047, New Cumberland, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,909 (100%) |
| Owner Occupied HU | 2,092 (71.9%) |
| Renter Occupied HU | 495 (17.0%) |
| Vacant Housing Units | 322 (11.1%) |
| Median Home Value | $154,821 |
| Average Home Value | $167,937 |
Housing Distribution
Address Breakdown
Residential
2,502
Single Family
2,393
Multi-Family
109
Businesses
94
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Listed by: Bill Raymond • Raymond Realty Group, LLC.
Mls Name: MLS Now
Mls ID: #5164911