98 Trace RdNewtonWV25266
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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 Newton at 98 Trace Rd, Newton, WV, 25266 offers a 0% rental yield on a $220,000 purchase with $0/mo rent. 04% in year one. Equity gained on principal adds $1,420/yr while 5% annual appreciation supports $60,782 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,077/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25266, Newton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 366 (100%) |
| Owner Occupied HU | 243 (66.4%) |
| Renter Occupied HU | 50 (13.7%) |
| Vacant Housing Units | 73 (19.9%) |
| Median Home Value | $194,907 |
| Average Home Value | $179,907 |
Housing Distribution
Address Breakdown
Residential
328
Single Family
328
Multi-Family
0
Businesses
10
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Listed by: Levi Morris • LPT Realty, LLC
Mls Name: MLS Now
Mls ID: #5167881