979 Reed Fork RdProciousWV25164
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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
Rental property for sale in Procious at 979 Reed Fork Rd, Procious, WV, 25164 generates $925/mo in rent and, after a $582/mo payment, leaves $237/mo in cash flow. Total monthly income is $925/mo, and annual cash flow is $2,843/yr on $39,449 invested. Return on cash invested sits at 27.12% in year one, and rental yield is 9.33% on a $119,000 entry. Equity gained on principal adds $768/yr, while 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 140.95% and total cumulative return in cash sums $55,601. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $925/mo property income rather than buyer’s personal income.
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
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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.