John Wymer RdHillsboroWV24946
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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 Hillsboro at John Wymer Rd, Hillsboro, WV, 24946 priced at $169,500 converts $1,331/mo rent into $350/mo cash flow after a $830/mo obligation. Total monthly income equals $1,331/mo, and annual cash flow totals $4,198/yr on $56,189 invested. Return on cash invested prints 27.38% in year one, and rental yield reads 9.42% against a $169,500 entry. Equity gained on principal adds $1,094/yr, while 5% annual appreciation compiles into $46,830 by year five. Five-year ROI reaches 142.4% and total cumulative return in cash sums $80,012. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,331/mo property income covering a $830/mo payment, not borrower’s personal income.
Lot
Built in N/A
52.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24946, Hillsboro, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 751 (100%) |
| Owner Occupied HU | 407 (54.2%) |
| Renter Occupied HU | 85 (11.3%) |
| Vacant Housing Units | 259 (34.5%) |
| Median Home Value | $162,500 |
| Average Home Value | $188,157 |
Housing Distribution
Address Breakdown
Residential
442
Single Family
442
Multi-Family
0
Businesses
39
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Listed by: Cheryl D. Dean • RE/MAX LIFESTYLE REALTY
Mls Name: GVMLS
Mls Provider:
Mls ID: #24-909
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.