140 Morton DrHamlinWV25523
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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 Hamlin at 140 Morton Dr, Hamlin, WV, 25523 with 5% annual appreciation on a $429,900 basis while $3,035/mo rent supports operations. Total monthly income totals $3,035/mo and a $2,104/mo payment preserves $548/mo for cash returns. Annual cash flow comes to $6,572/yr on $142,512 deployed, and return on cash invested reaches 24.52% in year one. Equity gained on principal adds $2,774/yr, and five-year appreciation sums $118,773 alongside rental yield of 8.47%. Five-year ROI measures 127.04% and total cumulative return in cash totals $181,051.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,035/mo property income versus a $2,104/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
1.02 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25523, Hamlin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 854 (62.2%) |
| Renter Occupied HU | 266 (19.4%) |
| Vacant Housing Units | 253 (18.4%) |
| Median Home Value | $109,694 |
| Average Home Value | $132,336 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
120
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Listed by: Todd Nelson • Old Colony, Realtors of Htgn
Mls Name: KVBR
Mls ID: #278207