948 Little Coal River RdAlum CreekWV25003
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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 Alum Creek at 948 Little Coal River Rd, Alum Creek, WV, 25003 offers a 4.72% rental yield on a $1,499,900 purchase with $5,899/mo rent. 51% in year one. Equity gained on principal adds $9,679/yr while 5% annual appreciation supports $414,395 over five years. Portfolio math shows five-year ROI at 67.87% and total cumulative return in cash at $329,812. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $5,899/mo property income against a $7,341/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2010
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25003, Alum Creek, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,084 (100%) |
| Owner Occupied HU | 783 (72.2%) |
| Renter Occupied HU | 188 (17.3%) |
| Vacant Housing Units | 113 (10.4%) |
| Median Home Value | $160,352 |
| Average Home Value | $190,980 |
Housing Distribution
Address Breakdown
Residential
897
Single Family
869
Multi-Family
28
Businesses
59
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Listed by: Misty Lemons • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #281776