103 3rd StTerra AltaWV26764
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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 Terra Alta at 103 3rd St, Terra Alta, WV, 26764 generates $1,535/mo in rent and, after a $787/mo payment, leaves $605/mo in cash flow. Total monthly income is $1,535/mo, and annual cash flow is $7,255/yr on $53,305 invested. Return on cash invested sits at 33.52% in year one, and rental yield is 11.46% on a $160,800 entry. Equity gained on principal adds $1,038/yr, while 5% annual appreciation builds toward $44,426 over five years. Five-year ROI reaches 175.32% and total cumulative return in cash sums $93,457. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,535/mo property income rather than buyer’s personal income.
Single Family
Built in 1945
9,440 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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