903 Panorama DrSpencerWV25276
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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
Investment property for sale in Spencer at 903 Panorama Dr, Spencer, WV, 25276 uses $52,709 cash to close to unlock $4,635/yr annual cash flow and $386/mo monthly cash flow. Total monthly income runs $1,306/mo, and a $778/mo payment keeps the spread at $386/mo. Purchase price stands at $159,000, and rental yield measures 9.86% with $1,306/mo rent. Return on cash invested shows 28.7% in year one, and 5% annual appreciation builds toward $43,929 over five years. Five-year ROI reaches 149.55% and total cumulative return in cash records $78,828. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,306/mo property income covering a $778/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25276, Spencer, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,565 (100%) |
| Owner Occupied HU | 2,068 (58.0%) |
| Renter Occupied HU | 913 (25.6%) |
| Vacant Housing Units | 584 (16.4%) |
| Median Home Value | $138,060 |
| Average Home Value | $205,079 |
Housing Distribution
Address Breakdown
Residential
3,322
Single Family
3,229
Multi-Family
93
Businesses
295
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Listed by: Jennifer Nichols • Board-DePue Realty Co., LLC
Mls Name: My State MLS
Mls ID: #11503705