922 Lee StSummersvilleWV26651
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 Summersville at 922 Lee St, Summersville, WV, 26651 priced at $200,000 pairs $1,306/mo rent with $149/mo cash flow after a $979/mo payment. Total monthly income equals $1,306/mo, and annual cash flow comes to $1,784/yr on $66,300 invested. Return on cash invested is 22.6% in year one, and rental yield stands at 7.84% on a $200,000 basis. Equity gained on principal adds $1,291/yr, and 5% annual appreciation accumulates to $55,256 by year five. Five-year ROI measures 116.77% and total cumulative return in cash reaches $77,420. For financing, Ziffy Mortgage’s DSCR program evaluates $1,306/mo property income against a $979/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26651, Summersville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,443 (100%) |
| Owner Occupied HU | 2,876 (64.7%) |
| Renter Occupied HU | 982 (22.1%) |
| Vacant Housing Units | 585 (13.2%) |
| Median Home Value | $161,969 |
| Average Home Value | $224,848 |
Housing Distribution
Address Breakdown
Residential
4,001
Single Family
3,894
Multi-Family
107
Businesses
515
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Nearby investment properties with comparable prices
Listed by: Sherrell Nikki Davis • Field & Stream Real Estate
Mls Name: Fayette-Nicholas BOR
Mls ID: #25-143
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.