Raleigh Plan, LakewoodRidgeleyWV26753
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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 Ridgeley at Raleigh Plan, Lakewood, Ridgeley, WV, 26753 offers $2,801/mo rent that, after a $1,972/mo payment, leaves $470/mo cash flow. Total monthly income is $2,801/mo, and annual cash flow is $5,636/yr on $133,591 cash. Return on cash invested measures 24.13% in year one, and rental yield stands at 8.34% at a $402,990 entry. Equity gained on principal adds $2,600/yr while 5% annual appreciation compounds into $111,339 by year five. Five-year ROI records 124.94% and total cumulative return in cash reaches $166,915. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,801/mo property income versus a $1,972/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26753, Ridgeley, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,934 (100%) |
| Owner Occupied HU | 2,274 (77.5%) |
| Renter Occupied HU | 445 (15.2%) |
| Vacant Housing Units | 215 ( 7.3%) |
| Median Home Value | $238,770 |
| Average Home Value | $315,654 |
Housing Distribution
Address Breakdown
Residential
2,352
Single Family
2,352
Multi-Family
0
Businesses
116
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Listed by: N/A • Gemcraft Homes
Mls Name: Gemcraft Homes
Mls Provider:
Mls ID: #N/A