3022 Wallace CirHuntingtonWV25705
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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 Huntington at 3022 Wallace Cir, Huntington, WV, 25705 with 5% annual appreciation on a $184,900 basis while $1,458/mo rent supports operations. Total monthly income totals $1,458/mo and a $905/mo payment preserves $370/mo for cash returns. Annual cash flow comes to $4,441/yr on $61,294 deployed, and return on cash invested reaches 27.15% in year one. Equity gained on principal adds $1,193/yr, and five-year appreciation sums $51,084 alongside rental yield of 9.46%. Five-year ROI measures 141.38% and total cumulative return in cash totals $86,659.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,458/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25705, Huntington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,092 (100%) |
| Owner Occupied HU | 5,587 (55.4%) |
| Renter Occupied HU | 3,437 (34.1%) |
| Vacant Housing Units | 1,068 (10.6%) |
| Median Home Value | $197,117 |
| Average Home Value | $249,451 |
Housing Distribution
Address Breakdown
Residential
9,587
Single Family
9,039
Multi-Family
548
Businesses
401
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Listed by: Dawn Aldridge-Green • Re/Max Clarity
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180883
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.