111 Warwood TerraceWheelingWV26003
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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 Wheeling at 111 Warwood Terrace, Wheeling, WV, 26003 priced at $105,000 converts $803/mo rent into $195/mo cash flow after a $514/mo obligation. Total monthly income equals $803/mo, and annual cash flow totals $2,345/yr on $34,808 invested. Return on cash invested prints 26.64% in year one, and rental yield reads 9.18% against a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation compiles into $29,010 by year five. Five-year ROI reaches 138.49% and total cumulative return in cash sums $48,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $803/mo property income covering a $514/mo payment, not borrower’s personal income.
Single Family
Built in 1938
7,200 sqft 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
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Listed by: Joe Hughes • eXp Realty
Mls Name: Wheeling BOR
Mls ID: #139798