84 Old Boley RdMount NeboWV26679
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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 Mount Nebo at 84 Old Boley Rd, Mount Nebo, WV, 26679 uses $59,504 cash to close to unlock $4,655/yr annual cash flow and $388/mo monthly cash flow. Total monthly income runs $1,427/mo, and a $879/mo payment keeps the spread at $388/mo. Purchase price stands at $179,500, and rental yield measures 9.54% with $1,427/mo rent. Return on cash invested shows 27.73% in year one, and 5% annual appreciation builds toward $49,593 over five years. Five-year ROI reaches 144.28% and total cumulative return in cash records $85,852. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,427/mo property income covering a $879/mo payment rather than investor’s personal income.
Single Family
Built in 2019
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Listed by: Becky Fidler • Castles and Creeks Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-574