339 Ridge AveMidwayWV25878
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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 Midway at 339 Ridge Ave, Midway, WV, 25878 offers a 0% rental yield on a $469,000 purchase with $0/mo rent. 04% in year one. Equity gained on principal adds $3,026/yr while 5% annual appreciation supports $129,576 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $2,296/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25878, Midway, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 400 (100%) |
| Owner Occupied HU | 249 (62.2%) |
| Renter Occupied HU | 104 (26.0%) |
| Vacant Housing Units | 47 (11.7%) |
| Median Home Value | $144,886 |
| Average Home Value | $155,552 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
4
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Listed by: Donna M. Miller • WV MOUNTAINEER REAL ESTATE
Mls Name: Beckley BOR
Mls ID: #92566