144 Old Farm LnWayneWV25570
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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 Wayne at 144 Old Farm Ln, Wayne, WV, 25570 priced at $105,000 converts $828/mo rent into $220/mo cash flow after a $514/mo obligation. Total monthly income equals $828/mo, and annual cash flow totals $2,645/yr on $34,808 invested. Return on cash invested prints 27.51% in year one, and rental yield reads 9.46% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 143.15% and total cumulative return in cash sums $49,826. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $828/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1978
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25570, Wayne, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 1,733 (65.8%) |
| Renter Occupied HU | 692 (26.3%) |
| Vacant Housing Units | 210 ( 8.0%) |
| Median Home Value | $170,335 |
| Average Home Value | $201,992 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,334
Multi-Family
93
Businesses
134
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Listed by: Cathy Maynard • Mcguire Realty Company
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #181577
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