871 Fleshman DrFrankfordWV24938
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 Frankford at 871 Fleshman Dr, Frankford, WV, 24938 priced at $175,000 converts $1,776/mo rent into $763/mo cash flow after a $857/mo obligation. Total monthly income equals $1,776/mo, and annual cash flow totals $9,156/yr on $58,013 invested. Return on cash invested prints 35.69% in year one, and rental yield reads 12.18% against a $175,000 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation compiles into $48,349 by year five. Five-year ROI reaches 186.92% and total cumulative return in cash sums $108,439. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,776/mo property income covering a $857/mo payment, not borrower’s personal income.
Lot
Built in N/A
8.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24938, Frankford, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 678 (100%) |
| Owner Occupied HU | 444 (65.5%) |
| Renter Occupied HU | 91 (13.4%) |
| Vacant Housing Units | 143 (21.1%) |
| Median Home Value | $223,810 |
| Average Home Value | $271,599 |
Housing Distribution
Address Breakdown
Residential
591
Single Family
591
Multi-Family
0
Businesses
24
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Listed by: Alinda Lee Perrine • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-1279
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.