1028 Morton Ave.MoundsvilleWV26041
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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
Total monthly income runs $1,020/mo, and a $952/mo payment. Purchase price stands at $194,500, and rental yield measures 6.29% with $1,020/mo rent. Return on cash invested shows 17.95% in year one, and 5% annual appreciation builds toward $53,737 over five years. Five-year ROI reaches 91.82% and total cumulative return in cash records $59,205. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $952/mo payment rather than investor’s personal income.
Single Family
Built in 1900
4,080 sqft 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: Tom Carpenter • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #139770