1008 E Main StManningtonWV26582
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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 Mannington at 1008 E Main St, Mannington, WV, 26582 listed at $110,000 pairs $1,229/mo rent with a $538/mo payment to leave $593/mo cash flow. Total monthly income runs $1,229/mo, and annual cash flow reaches $7,115/yr on $36,465 cash to close. Return on cash invested measures 39.42% in year one, and rental yield registers 13.41% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 206.96% and total cumulative return in cash totals $75,468. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,229/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1911
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26582, Mannington, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,330 (100%) |
| Owner Occupied HU | 1,678 (72.0%) |
| Renter Occupied HU | 329 (14.1%) |
| Vacant Housing Units | 323 (13.9%) |
| Median Home Value | $155,769 |
| Average Home Value | $179,993 |
Housing Distribution
Address Breakdown
Residential
1,989
Single Family
1,989
Multi-Family
0
Businesses
100
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Listed by: HEATHER FULTZ • FATHOM REALTY LLC
Mls Name: NCWV REIN
Mls ID: #10162353