8124 Knobs RdUnionWV24983
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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 Union at 8124 Knobs Rd, Union, WV, 24983 offers a 10.78% rental yield on a $142,500 purchase with $1,280/mo rent. Total monthly income registers $1,280/mo, and a $697/mo payment leaves $456/mo available for distribution. Annual cash flow reaches $5,471/yr on $47,239 to close, and return on cash invested stands at 31.49% in year one. Equity gained on principal adds $920/yr while 5% annual appreciation supports $39,370 over five years. Portfolio math shows five-year ROI at 164.41% and total cumulative return in cash at $77,667. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,280/mo property income against a $697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
14.71 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24983, Union, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 884 (100%) |
| Owner Occupied HU | 575 (65.0%) |
| Renter Occupied HU | 145 (16.4%) |
| Vacant Housing Units | 164 (18.6%) |
| Median Home Value | $176,875 |
| Average Home Value | $245,704 |
Housing Distribution
Address Breakdown
Residential
851
Single Family
850
Multi-Family
1
Businesses
101
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Listed by: Martha T. Hilton • Fathom Realty, LLC
Mls Name: GVMLS
Mls ID: #25-1253