164 Wise StBaxterWV26560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Baxter at 164 Wise St, Baxter, WV, 26560 offers $1,548/mo rent that, after a $1,170/mo payment, leaves $165/mo cash flow. Total monthly income is $1,548/mo, and annual cash flow is $1,979/yr on $79,229 cash. Return on cash invested measures 22.41% in year one, and rental yield stands at 7.77% at a $239,000 entry. Equity gained on principal adds $1,542/yr while 5% annual appreciation compounds into $66,031 by year five. Five-year ROI records 115.69% and total cumulative return in cash reaches $91,656. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,548/mo property income versus a $1,170/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
11.06 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26560, Baxter, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 87 (100%) |
| Owner Occupied HU | 72 (82.8%) |
| Renter Occupied HU | 13 (14.9%) |
| Vacant Housing Units | 2 ( 2.3%) |
| Median Home Value | $183,333 |
| Average Home Value | $165,243 |
Housing Distribution
Address Breakdown
Residential
84
Single Family
84
Multi-Family
0
Businesses
1
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Listed by: CHRISTY BOYLEN • DREAM HOME PROPERTIES, LLC
Mls Name: NCWV REIN
Mls ID: #10163153