2056 Patrick Creek RdWayneWV25570
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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 2056 Patrick Creek Rd, Wayne, WV, 25570 offers $1,153/mo rent that, after a $1,468/mo payment. Total monthly income is $1,153/mo. Return on cash invested measures 12.88% in year one, and rental yield stands at 4.61% at a $300,000 entry. Equity gained on principal adds $1,936/yr while 5% annual appreciation compounds into $82,884 by year five. Five-year ROI records 64.63% and total cumulative return in cash reaches $64,272. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,153/mo property income versus a $1,468/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
105.81 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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Nearby investment properties with comparable prices
Listed by: Mary Walker • REALTY EXCHANGE COMMERCIAL/RES
Mls Name: KVBR
Mls Provider:
Mls ID: #273539
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.