602 Ballard StMidwayWV25878
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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 602 Ballard St, Midway, WV, 25878 earns from $0/mo rent with a $832/mo payment. Total monthly income totals $0/mo. ROI tracks -1.05% on current figures, and rental yield reads 0% at a $169,900 purchase. Equity gained on principal adds $1,096/yr, and 5% annual appreciation supports $46,940 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1954
0.26 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Kary England • RazBerry & Associates Real Estate Company, Inc.
Mls Name: Beckley BOR
Mls ID: #92478