1029 Trace Creek RdSalt RockWV25559
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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 Salt Rock at 1029 Trace Creek Rd, Salt Rock, WV, 25559 with 5% annual appreciation on a $1,295,000 basis while $3,113/mo rent supports operations. 84% in year one. Equity gained on principal adds $8,356/yr, and five-year appreciation sums $357,785 alongside rental yield of 2.88%. Five-year ROI measures 37.51% and total cumulative return in cash totals $157,374. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,113/mo property income versus a $6,338/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2002
28.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25559, Salt Rock, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 853 (100%) |
| Owner Occupied HU | 636 (74.6%) |
| Renter Occupied HU | 142 (16.6%) |
| Vacant Housing Units | 75 ( 8.8%) |
| Median Home Value | $166,734 |
| Average Home Value | $199,890 |
Housing Distribution
Address Breakdown
Residential
842
Single Family
842
Multi-Family
0
Businesses
40
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Listed by: Todd Nelson • Old Colony, Realtors of Htgn
Mls Name: KVBR
Mls Provider:
Mls ID: #278991
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.