86 Golden Ridge RdLumberportWV26386
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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
Rental property for sale in Lumberport at 86 Golden Ridge Rd, Lumberport, WV, 26386 priced at $400,000 converts $1,858/mo rent into after a $1,958/mo obligation. Total monthly income equals $1,858/mo. Return on cash invested prints 15.72% in year one, and rental yield reads 5.57% against a $400,000 entry. Equity gained on principal adds $2,581/yr, while 5% annual appreciation compiles into $110,513 by year five. Five-year ROI reaches 79.85% and total cumulative return in cash sums $105,880. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,858/mo property income covering a $1,958/mo payment, not borrower’s personal income.
Single Family
Built in 1988
3.88 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26386, Lumberport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 837 (100%) |
| Owner Occupied HU | 626 (74.8%) |
| Renter Occupied HU | 111 (13.3%) |
| Vacant Housing Units | 100 (11.9%) |
| Median Home Value | $163,053 |
| Average Home Value | $212,460 |
Housing Distribution
Address Breakdown
Residential
480
Single Family
480
Multi-Family
0
Businesses
26
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Listed by: CLIFFORD WEBB • KAUFMAN REALTY AND AUCTIONS
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10160800
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2025-08-03 12:36:19 PDT