93 Timmons RdIndependenceWV26374
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 Independence at 93 Timmons Rd, Independence, WV, 26374 priced at $510,000 converts $2,186/mo rent into after a $2,496/mo obligation. Total monthly income equals $2,186/mo. Return on cash invested prints 14.59% in year one, and rental yield reads 5.14% against a $510,000 entry. Equity gained on principal adds $3,291/yr, while 5% annual appreciation compiles into $140,904 by year five. Five-year ROI reaches 73.78% and total cumulative return in cash sums $123,795. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,186/mo property income covering a $2,496/mo payment, not borrower’s personal income.
Single Family
Built in 2003
15.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26374, Independence, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 735 (100%) |
| Owner Occupied HU | 561 (76.3%) |
| Renter Occupied HU | 123 (16.7%) |
| Vacant Housing Units | 51 ( 6.9%) |
| Median Home Value | $216,903 |
| Average Home Value | $242,010 |
Housing Distribution
Address Breakdown
Residential
700
Single Family
700
Multi-Family
0
Businesses
9
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Nearby investment properties with comparable prices
Listed by: Victoria Shuman • HOWARD HANNA
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10151803
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 2025-10-14 23:45:41 PDT