843 Rainey Hill RdNew 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 843 Rainey Hill Rd, New cumberland, WV, 26047 uses $53,007 cash to close to unlock $3,941/yr annual cash flow and $328/mo monthly cash flow. Total monthly income runs $1,254/mo, and a $783/mo payment keeps the spread at $328/mo. Purchase price stands at $159,900, and rental yield measures 9.41% with $1,254/mo rent. Return on cash invested shows 27.34% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 142.23% and total cumulative return in cash records $75,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,254/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1967
0.60 Acres 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: Amy J Beaman • JJ Guida Airport Realty
Mls Name: MLS Now
Mls ID: #5151896