98 Shaffer DrSalemWV26426
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
Investment property for sale in Salem at 98 Shaffer Dr, Salem, WV, 26426 offers a 8.51% rental yield on a $110,000 purchase with $780/mo rent. Total monthly income registers $780/mo, and a $538/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,727/yr on $36,465 to close, and return on cash invested stands at 24.65% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 127.72% and total cumulative return in cash at $46,572. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2019
1.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26426, Salem, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,923 (100%) |
| Owner Occupied HU | 1,968 (67.3%) |
| Renter Occupied HU | 525 (18.0%) |
| Vacant Housing Units | 430 (14.7%) |
| Median Home Value | $175,000 |
| Average Home Value | $214,647 |
Housing Distribution
Address Breakdown
Residential
2,685
Single Family
2,567
Multi-Family
118
Businesses
117
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Listed by: Cindy Welch • Adrian Properties WV, LLC
Mls Name: My State MLS
Mls ID: #11478071