1150 Wallace WayRansonWV25438
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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 Ranson at 1150 Wallace Way, Ranson, WV, 25438 generates $2,406/mo in rent, after a $2,129/mo payment. Total monthly income is $2,406/mo. Return on cash invested sits at 18.99% in year one, and rental yield is 6.64% on a $434,990 entry. Equity gained on principal adds $2,807/yr, while 5% annual appreciation builds toward $120,180 over five years. Five-year ROI reaches 97.39% and total cumulative return in cash sums $140,433. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,406/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
6,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25438, Ranson, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,059 (100%) |
| Owner Occupied HU | 1,889 (61.8%) |
| Renter Occupied HU | 910 (29.7%) |
| Vacant Housing Units | 260 ( 8.5%) |
| Median Home Value | $247,073 |
| Average Home Value | $344,698 |
Housing Distribution
Address Breakdown
Residential
3,116
Single Family
2,219
Multi-Family
897
Businesses
275
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Listed by: Adam Dietrich • NVR, INC.
Mls Name: Bright MLS
Mls ID: #WVJF2021526