632 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
Rental property for sale in Hamlin at 632 Trace Crk, Hamlin, WV, 25523 offers $1,889/mo rent that, after a $945/mo payment, leaves $772/mo cash flow. Total monthly income is $1,889/mo, and annual cash flow is $9,263/yr on $63,971 cash. Return on cash invested measures 34.39% in year one, and rental yield stands at 11.75% at a $192,973 entry. Equity gained on principal adds $1,245/yr while 5% annual appreciation compounds into $53,315 by year five. Five-year ROI records 179.97% and total cumulative return in cash reaches $115,126. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,889/mo property income versus a $945/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Given • Runyan & Associates REALTORS
Mls Name: KVBR
Mls ID: #281090