88 Schoolhouse LnMount NeboWV26679
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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 Mount Nebo at 88 Schoolhouse Ln, Mount Nebo, WV, 26679 generates $1,916/mo in rent, after a $2,129/mo payment. Total monthly income is $1,916/mo. Return on cash invested sits at 14.91% in year one, and rental yield is 5.29% on a $435,000 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,182 over five years. Five-year ROI reaches 75.52% and total cumulative return in cash sums $108,900. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,916/mo property income rather than buyer’s personal income.
Single Family
Built in 1898
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26679, Mount Nebo, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 658 (63.5%) |
| Renter Occupied HU | 122 (11.8%) |
| Vacant Housing Units | 256 (24.7%) |
| Median Home Value | $156,788 |
| Average Home Value | $156,702 |
Housing Distribution
Address Breakdown
Residential
661
Single Family
661
Multi-Family
0
Businesses
54
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Listed by: Garrett E Cole • Lakewood Real Estate Service, LLC
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-66
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.