120 Wayne StFort GayWV25514
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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 Fort Gay at 120 Wayne St, Fort Gay, WV, 25514 with 5% annual appreciation on a $150,000 basis while $1,172/mo rent supports operations. Total monthly income totals $1,172/mo and a $734/mo payment preserves $304/mo for cash returns. Annual cash flow comes to $3,651/yr on $49,725 deployed, and return on cash invested reaches 27.25% in year one. Equity gained on principal adds $968/yr, and five-year appreciation sums $41,442 alongside rental yield of 9.38%. Five-year ROI measures 141.74% and total cumulative return in cash totals $70,482.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,172/mo property income versus a $734/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25514, Fort Gay, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,776 (100%) |
| Owner Occupied HU | 1,167 (65.7%) |
| Renter Occupied HU | 390 (22.0%) |
| Vacant Housing Units | 219 (12.3%) |
| Median Home Value | $89,576 |
| Average Home Value | $118,518 |
Housing Distribution
Address Breakdown
Residential
1,375
Single Family
1,365
Multi-Family
10
Businesses
55
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Listed by: Matthew Queen • Booton Realty
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180740
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.