626 Trace CrkHamlinWV25523
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 626 Trace Crk, Hamlin, WV, 25523 earns $246/mo cash flow from $1,895/mo rent with a $1,395/mo payment. Total monthly income totals $1,895/mo, and annual cash flow totals $2,951/yr on $94,478 capital. ROI tracks 23.03% on current figures, and rental yield reads 7.98% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 119.06% and total cumulative return in cash sums $112,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,895/mo property income instead of your personal income.
Single Family
Built in 1985
9.10 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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Nearby investment properties with comparable prices
Listed by: Christina DiFilippo • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #281397