6195 Johnson Crossroads RdWaysideWV24985
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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 Wayside at 6195 Johnson Crossroads Rd, Wayside, WV, 24985 priced at $997,750 pairs $1,529/mo rent with after a $4,883/mo payment. Total monthly income equals $1,529/mo. Return on cash invested is 4.55% in year one, and rental yield stands at 1.84% on a $997,750 basis. Equity gained on principal adds $6,438/yr, and 5% annual appreciation accumulates to $275,660 by year five. Five-year ROI measures 19.9% and total cumulative return in cash reaches $65,333. For financing, Ziffy Mortgage’s DSCR program evaluates $1,529/mo property income against a $4,883/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1939
318 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 24985, Wayside, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 225 (100%) |
| Owner Occupied HU | 120 (53.3%) |
| Renter Occupied HU | 26 (11.6%) |
| Vacant Housing Units | 79 (35.1%) |
| Median Home Value | $153,125 |
| Average Home Value | $186,479 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
0
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Listed by: Mike Mullins • Real Estate Limited
Mls Name: Fayette-Nicholas BOR
Mls ID: #22-170
Disclaimer: Copyright Fayette-Nicholas Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.