LOT 1A Jewel City BlvdMeadowbrookWV26404
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
Rental property for sale in Meadowbrook at LOT 1A Jewel City Blvd, Meadowbrook, WV, 26404 priced at $119,000 pairs $1,200/mo rent with $512/mo cash flow after a $582/mo payment. Total monthly income equals $1,200/mo, and annual cash flow comes to $6,143/yr on $39,449 invested. Return on cash invested is 35.48% in year one, and rental yield stands at 12.1% on a $119,000 basis. Equity gained on principal adds $768/yr, and 5% annual appreciation accumulates to $32,878 by year five. Five-year ROI measures 185.78% and total cumulative return in cash reaches $73,289. For financing, Ziffy Mortgage’s DSCR program evaluates $1,200/mo property income against a $582/mo payment instead of your W2s, 1099s, or Tax returns.
Lot
Built in N/A
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26404, Meadowbrook, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 146 (100%) |
| Owner Occupied HU | 74 (50.7%) |
| Renter Occupied HU | 62 (42.5%) |
| Vacant Housing Units | 10 ( 6.8%) |
| Median Home Value | $158,333 |
| Average Home Value | $206,757 |
Housing Distribution
Address Breakdown
Residential
83
Single Family
83
Multi-Family
0
Businesses
6
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jaclyn Loss • PREFERRED PROPERTIES
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10154323
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