87 Horner AveLumberportWV26386
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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 Lumberport at 87 Horner Ave, Lumberport, WV, 26386 at $132,500 posts ROI 27.43% with $275/mo cash flow from $1,068/mo rent. Total monthly income equals $1,068/mo, and annual cash flow records $3,306/yr on $43,924 to close. Return on cash invested measures 27.43% and rental yield reads 9.67% at the current $132,500. Equity gained on principal adds $855/yr, and 5% annual appreciation supports $36,607 by year five. Five-year ROI prints 142.98% and total cumulative return in cash totals $62,804.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,068/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
0.34 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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Nearby investment properties with comparable prices
Listed by: Gary Keith • EXP REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156096
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 2024-02-07 10:15:58 PST