Route 39 Richwood Road LafrankRichwoodWV26261
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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 Richwood at Route 39 Richwood Road Lafrank, Richwood, WV, 26261 at $115,000 posts ROI 27.45% with $239/mo cash flow from $905/mo rent. Total monthly income equals $905/mo, and annual cash flow records $2,874/yr on $38,123 to close. Return on cash invested measures 27.45% and rental yield reads 9.44% at the current $115,000. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 by year five. Five-year ROI prints 142.81% and total cumulative return in cash totals $54,441.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $905/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1929
52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26261, Richwood, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,444 (100%) |
| Owner Occupied HU | 799 (55.3%) |
| Renter Occupied HU | 262 (18.1%) |
| Vacant Housing Units | 383 (26.5%) |
| Median Home Value | $66,328 |
| Average Home Value | $131,715 |
Housing Distribution
Address Breakdown
Residential
1,134
Single Family
1,115
Multi-Family
19
Businesses
85
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Nearby investment properties with comparable prices
Listed by: Katie Boggs • Real Estate Limited
Mls Name: Fayette-Nicholas BOR
Mls ID: #24-666
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.