879 Country Club RdClarksburgWV26301
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
Investment property for sale in Clarksburg at 879 Country Club Rd, Clarksburg, WV, 26301 uses $104,423 cash to close to unlock $8,486/yr annual cash flow and $707/mo monthly cash flow. Total monthly income runs $2,530/mo, and a $1,542/mo payment keeps the spread at $707/mo. Purchase price stands at $315,000, and rental yield measures 9.64% with $2,530/mo rent. Return on cash invested shows 28.04% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 145.93% and total cumulative return in cash records $152,381. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,530/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1970
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Francesca Merandi Pollick • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156169
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