8000 Wallace PikeWallaceWV26448
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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 Wallace at 8000 Wallace Pike, Wallace, WV, 26448 offers a 7.26% rental yield on a $224,900 purchase with $1,361/mo rent. Total monthly income registers $1,361/mo, and a $1,101/mo payment leaves $59/mo available for distribution. Annual cash flow reaches $714/yr on $74,554 to close, and return on cash invested stands at 20.87% in year one. Equity gained on principal adds $1,451/yr while 5% annual appreciation supports $62,136 over five years. Portfolio math shows five-year ROI at 107.49% and total cumulative return in cash at $80,137. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,361/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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Listed by: JAMIE HUDSON • MOUNTAIN STATE REAL ESTATE SERVICES, LLC
Mls Name: NCWV REIN
Mls ID: #10162629