8000 Wallace PikeWallaceWV26448
INVESTMENT ANALYSIS
Investment Verdict
Income-ProducingReliable and efficiently structured, 8000 Wallace Pike, Wallace, WV, 26448 in Wallace is a conservative rental investment at $224,900. Rental yield 6.38%. A 1.18 coverage ratio meets Ziffy Mortgage's DSCR standard for foreign-national financing. Five-year equity: 5% appreciation adds $62,136; $2,071/yr in principal paydown supplements. Total projected return: $78,087.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 6.4% | 6.2% |
| Monthly Cash Flow | $(106) | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,195 |
| Total Monthly Debt Service | $1,212 |
| DSCR Ratio | 0.99x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
48.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26448, Wallace, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 357 (78.1%) |
| Renter Occupied HU | 47 (10.3%) |
| Vacant Housing Units | 53 (11.6%) |
| Median Home Value | $142,188 |
| Average Home Value | $192,598 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
9
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
Single Family
Built in 1900
48.07 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26448, Wallace, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 457 (100%) |
| Owner Occupied HU | 357 (78.1%) |
| Renter Occupied HU | 47 (10.3%) |
| Vacant Housing Units | 53 (11.6%) |
| Median Home Value | $142,188 |
| Average Home Value | $192,598 |
Housing Distribution
Address Breakdown
Residential
430
Single Family
430
Multi-Family
0
Businesses
9
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JAMIE HUDSON • MOUNTAIN STATE REAL ESTATE SERVICES, LLC
Mls Name: NCWV REIN
Mls ID: #10162629