104 Lilac LaneWheelingWV26003
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 104 Lilac Lane, Wheeling, WV, 26003 in Wheeling is capital appreciation. Rental yield 4.77%. The 4.77% gross yield at $239,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $66,031 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.88) without U.S. credit history; structure with a larger down payment to optimise coverage. Total projected return: $62,329.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 4.8% | 9.2% |
| Monthly Cash Flow | $(432) | $450 |
City averages based on Wheeling market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $950 |
| Total Monthly Debt Service | $1,288 |
| DSCR Ratio | 0.74x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1930
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1930
1.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: Wheeling BOR
Mls ID: #144512