1043 Midway RdMidwayWV25878
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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
Investment property for sale in Midway at 1043 Midway Rd, Midway, WV, 25878 with 5% annual appreciation on a $135,000 basis while $1,134/mo rent supports operations. Total monthly income totals $1,134/mo and a $661/mo payment preserves $353/mo for cash returns. Annual cash flow comes to $4,232/yr on $44,753 deployed, and return on cash invested reaches 29.36% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 10.08%. Five-year ROI measures 153.06% and total cumulative return in cash totals $68,497.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,134/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25878, Midway, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 249 (62.2%) |
| Renter Occupied HU | 104 (26.0%) |
| Vacant Housing Units | 47 (11.7%) |
| Median Home Value | $144,886 |
| Average Home Value | $155,552 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
4
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Listed by: Kay Booth • OLD COLONY REALTORS
Mls Name: Beckley BOR
Mls Provider:
Mls ID: #90271
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