89 Laurel CirTerra AltaWV26764
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 Terra Alta at 89 Laurel Cir, Terra Alta, WV, 26764 priced at $285,519 pairs $1,596/mo rent with after a $1,397/mo payment. Total monthly income equals $1,596/mo. Return on cash invested is 15.47% in year one, and rental yield stands at 6.71% on a $285,519 basis. Equity gained on principal adds $1,842/yr, and 5% annual appreciation accumulates to $78,884 by year five. Five-year ROI measures 79.93% and total cumulative return in cash reaches $75,649. For financing, Ziffy Mortgage’s DSCR program evaluates $1,596/mo property income against a $1,397/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2000
0.60 Acres lot
$N/A/sqft
$3,532 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Debbie Beitzel • LONG & FOSTER REAL ESTATE, INC.
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10155182
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