1011 Parriott AveMoundsvilleWV26041
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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
Rental property for sale in Moundsville at 1011 Parriott Ave, Moundsville, WV, 26041 generates $1,020/mo in rent, after a $1,542/mo payment. Total monthly income is $1,020/mo. Return on cash invested sits at 10.68% in year one, and rental yield is 3.89% on a $315,000 entry. Equity gained on principal adds $2,033/yr, while 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 52.88% and total cumulative return in cash sums $55,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,020/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26041, Moundsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,334 (100%) |
| Owner Occupied HU | 4,907 (66.9%) |
| Renter Occupied HU | 1,573 (21.4%) |
| Vacant Housing Units | 854 (11.6%) |
| Median Home Value | $144,770 |
| Average Home Value | $182,278 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,499
Multi-Family
173
Businesses
447
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Listed by: Samantha Holcomb • RE/MAX Broadwater
Mls Name: MLS Now
Mls ID: #5182053