8381 Big Island Run RdElizabethWV26143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Elizabeth at 8381 Big Island Run Rd, Elizabeth, WV, 26143 generates $924/mo in rent and, after a $587/mo payment, leaves $230/mo in cash flow. Total monthly income is $924/mo, and annual cash flow is $2,761/yr on $39,747 invested. Return on cash invested sits at 26.86% in year one, and rental yield is 9.25% on a $119,900 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 139.66% and total cumulative return in cash sums $55,512. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $924/mo property income rather than buyer’s personal income.
Manufactured
Built in 1998
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26143, Elizabeth, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,887 (100%) |
| Owner Occupied HU | 1,265 (67.0%) |
| Renter Occupied HU | 343 (18.2%) |
| Vacant Housing Units | 279 (14.8%) |
| Median Home Value | $141,728 |
| Average Home Value | $181,545 |
Housing Distribution
Address Breakdown
Residential
1,663
Single Family
1,663
Multi-Family
0
Businesses
85
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Buddy Hodge • Small Town Realty, LLC
Mls Name: My State MLS
Mls ID: #11401035