6056 Wallback Rd Wallback, WV 25285

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3 beds · 1 bath · 1,198 sq ft · Lot Size: 28,314 sq ft · Single Family Home
Est. Property Value: $55,711

High Demand Long-Term RentalValued below Market MedianOwned for 5 - 10 YearsOwner Age 65 - 75

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6056 Wallback Rd is in the 25285 neighborhood of Wallback, WV. It is located in Clay County and ZIP code 25285. This Single Family Home was built in 1940 and is approximately 85 years old. The single family home spans 1198 sq ft with 3 bedrooms and 1 bathroom and sits on a 28314 sq ft lot. According to public records, it was last sold in 2018 for $65,000 and has a tax-assessed value of $55,700, which is $47 per sq ft. Analyze and compare real estate investment strategies for properties like this home at 6056 Wallback Rd Wallback, WV 25285 with Property Intel by Whitepages.

6056 Wallback Rd

Wallback, WV 25285

Owner Info

Owners & Occupancy for 6056 Wallback Rd

This property is owned by Brenda K Samples. Owner contact information includes 6 phone numbers and 2 email addresses.

Property Owners

Cell Phone(304) ***-****View Cell Phone
Residence************
Landline(304) 965-2415
Distance from Property**********
Email Address*********@aol.comView Email
View All Owner Info

Occupancy

Current Occupancy*****View Occupancy
Resident 1**************** age 73
Resident 2**************** age 65

Property Financials for 6056 Wallback Rd

6056 Wallback Rd, Wallback, WV has no known mortgage. The Clay county assessment for 2024 values it at $55,700, with annual taxes of $129.

Property Tax

Purchase DateDecember 06, 2018
Property Tax Amount$129 in 2024
Purchase Price$65,000
Assessed Value$55,700 on 2024

Investment Potential for 6056 Wallback Rd

The property has a current estimated value of $55,711, which is 27% below the zip median, based on public records. It last sold on December 06, 2018 for $65K. Projected long-term
is $18,000 annually ($1,500 per month) with a 78% occupancy rate.

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Long-Term

Gross Rental
$18,000 per year($1,500 per month)
Net Operating Income
$*****View Net Operating Income
Cap Rate
****%View Cap Rate
Occupancy Rate
78%in 25285 zip code
 
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Property Details for 6056 Wallback Rd

Property Details

Property Sq Ft

Living Area

1,198 sq ft

30% below market

Lot Size

28,314 sq ft

57% below market

Price Per Sq Ft

Living Area

$47 / sq ft

0% above market

Lot Size Area

$2 / sq ft

65% above market

Property condition, age, exterior, etc. for 6056 Wallb…
Longitude: -81.13571 Latitude: 38.54947 Parcel Number (APN): 03-4-00580000…

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Market Benchmarks

Compare data for 6056 Wallback Rd in Clay County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$55,711
$141,441
-$85,730 (-61%)
—
—
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YoY Price Change
—
—
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Year Built
1940
1974
-34 years
Living Space
1,198 sq ft
1,536 sq ft
-338 (-22%)
$ Per Living Sq Ft
$47
$92
-$45 (-49%)
Lot Size
28,314 sq ft
15,059 sq ft
13255 (88%)
$ Per Lot Sq Ft
$2
$8
-$6 (-76%)

Net Operating Income
$*****
$16,318
-$1,277 (-8%)
Annual Revenue
$18,000
$21,000
-$3,000 (-14%)
$****
$4,705
-$1,746 (-37%)
Net Operating Income
$*****
$16,318
-$1,277 (-8%)
Cap Rate
****%
11.52%
—
View Zip code Data
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians

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