167 Wallace DrWayneWV25570
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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 Wayne at 167 Wallace Dr, Wayne, WV, 25570 offers a 10.9% rental yield on a $325,000 purchase with $2,953/mo rent. Total monthly income registers $2,953/mo, and a $1,591/mo payment leaves $1,072/mo available for distribution. Annual cash flow reaches $12,867/yr on $107,738 to close, and return on cash invested stands at 31.85% in year one. Equity gained on principal adds $2,097/yr while 5% annual appreciation supports $89,792 over five years. Portfolio math shows five-year ROI at 166.38% and total cumulative return in cash at $179,257. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,953/mo property income against a $1,591/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.68 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: Vineta Maynard • Realty Exchange Commercial / Residential Brokerage
Mls Name: HUNTMLS
Mls ID: #181595