88 Piney Fork RdPine GroveWV26419
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 Pine Grove at 88 Piney Fork Rd, Pine Grove, WV, 26419 priced at $120,000 converts $1,054/mo rent into $360/mo cash flow after a $587/mo obligation. Total monthly income equals $1,054/mo, and annual cash flow totals $4,320/yr on $39,780 invested. Return on cash invested prints 30.77% in year one, and rental yield reads 10.54% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 160.53% and total cumulative return in cash sums $63,859. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,054/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1979
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26419, Pine Grove, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 332 (100%) |
| Owner Occupied HU | 236 (71.1%) |
| Renter Occupied HU | 57 (17.2%) |
| Vacant Housing Units | 39 (11.7%) |
| Median Home Value | $98,095 |
| Average Home Value | $125,784 |
Housing Distribution
Address Breakdown
Residential
255
Single Family
255
Multi-Family
0
Businesses
43
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: EMMA BAUGHMAN • HOWARD HANNA
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10161120
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 2025-08-24 13:06:35 PDT