409 Walnut StHamlinWV25523
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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 Hamlin at 409 Walnut St, Hamlin, WV, 25523 listed at $260,000 pairs $2,344/mo rent with a $1,273/mo payment to leave $839/mo cash flow. Total monthly income runs $2,344/mo, and annual cash flow reaches $10,070/yr on $86,190 cash to close. Return on cash invested measures 31.59% in year one, and rental yield registers 10.82% at a $260,000 basis. Equity gained on principal adds $1,678/yr, and annual property appreciation at 5% supports $71,833 by year five. Five-year ROI tracks 165.02% and total cumulative return in cash totals $142,229. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,344/mo property income relative to a $1,273/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1923
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25523, Hamlin, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,373 (100%) |
| Owner Occupied HU | 854 (62.2%) |
| Renter Occupied HU | 266 (19.4%) |
| Vacant Housing Units | 253 (18.4%) |
| Median Home Value | $109,694 |
| Average Home Value | $132,336 |
Housing Distribution
Address Breakdown
Residential
988
Single Family
988
Multi-Family
0
Businesses
120
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Listed by: Melissa Wood • Homefront Realty
Mls Name: KVBR
Mls Provider:
Mls ID: #274210
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.