118 Garfield RdClarksburgWV26301
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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
Investment property for sale in Clarksburg at 118 Garfield Rd, Clarksburg, WV, 26301 with 5% annual appreciation on a $139,900 basis while $1,088/mo rent supports operations. Total monthly income totals $1,088/mo and a $685/mo payment preserves $272/mo for cash returns. Annual cash flow comes to $3,262/yr on $46,377 deployed, and return on cash invested reaches 26.94% in year one. Equity gained on principal adds $903/yr, and five-year appreciation sums $38,652 alongside rental yield of 9.33%. Five-year ROI measures 140.09% and total cumulative return in cash totals $64,971.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,088/mo property income versus a $685/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1956
5,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
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Listed by: Clara Altovilla • RE/MAX PROPERTY CENTER
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157607
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2025-02-18 04:42:39 PST