1141 Main StFollansbeeWV26037
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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
Investment Highlights
Investment property for sale in Follansbee at 1141 Main St, Follansbee, WV, 26037 offers a 6.82% rental yield on a $142,500 purchase with $810/mo rent. 55% in year one. Equity gained on principal adds $920/yr while 5% annual appreciation supports $39,370 over five years. Portfolio math shows five-year ROI at 100.37% and total cumulative return in cash at $47,415. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $810/mo property income against a $697/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1930
2,613 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26037, Follansbee, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,852 (100%) |
| Owner Occupied HU | 1,878 (65.8%) |
| Renter Occupied HU | 651 (22.8%) |
| Vacant Housing Units | 323 (11.3%) |
| Median Home Value | $144,231 |
| Average Home Value | $187,855 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,664
Multi-Family
147
Businesses
160
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Listed by: Mary McGinnis • Sellitti Realty, LLC
Mls Name: MLS Now
Mls ID: #5149032