979 Reed Fork RdProciousWV25164
INVESTMENT ANALYSIS
Investment Verdict
Solid Income979 Reed Fork Rd, Procious, WV, 25164 in Procious is a solid income-producing rental, 9.33% gross yield, $925/mo rent, $236/mo net cash flow on a $119,000 buy. DSCR 1.73 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $32,878 and $1,096/yr in principal reduction project a total cumulative return of $60,137.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 9.3% | 6.2% |
| Monthly Cash Flow | $236 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $925 |
| Total Monthly Debt Service | $641 |
| DSCR Ratio | 1.44x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Manufactured
Built in 2005
17.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25164, Procious, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 348 (62.8%) |
| Renter Occupied HU | 91 (16.4%) |
| Vacant Housing Units | 115 (20.8%) |
| Median Home Value | $130,769 |
| Average Home Value | $171,968 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
6
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
Manufactured
Built in 2005
17.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25164, Procious, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 554 (100%) |
| Owner Occupied HU | 348 (62.8%) |
| Renter Occupied HU | 91 (16.4%) |
| Vacant Housing Units | 115 (20.8%) |
| Median Home Value | $130,769 |
| Average Home Value | $171,968 |
Housing Distribution
Address Breakdown
Residential
559
Single Family
559
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christa Vance • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #279217
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.