98 Kraft RdGraftonWV26354
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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 Grafton at 98 Kraft Rd, Grafton, WV, 26354 uses $121,992 cash to close to unlock $1,894/yr annual cash flow and $158/mo monthly cash flow. Total monthly income runs $2,287/mo, and a $1,801/mo payment keeps the spread at $158/mo. Purchase price stands at $368,000, and rental yield measures 7.46% with $2,287/mo rent. Return on cash invested shows 21.46% in year one, and 5% annual appreciation builds toward $101,672 over five years. Five-year ROI reaches 110.63% and total cumulative return in cash records $134,965. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,287/mo property income covering a $1,801/mo payment rather than investor’s personal income.
Single Family
Built in 2006
1.70 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26354, Grafton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,572 (100%) |
| Owner Occupied HU | 3,140 (68.7%) |
| Renter Occupied HU | 962 (21.0%) |
| Vacant Housing Units | 470 (10.3%) |
| Median Home Value | $161,607 |
| Average Home Value | $228,300 |
Housing Distribution
Address Breakdown
Residential
4,295
Single Family
4,080
Multi-Family
215
Businesses
285
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Listed by: Chris Johnson • EXP REALTY
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156480
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 2024-02-07 10:15:58 PST