119 N Lewis StGlenvilleWV26351
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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 Glenville at 119 N Lewis St, Glenville, WV, 26351 offers a 9.24% rental yield on a $110,000 purchase with $847/mo rent. Total monthly income registers $847/mo, and a $538/mo payment leaves $211/mo available for distribution. Annual cash flow reaches $2,531/yr on $36,465 to close, and return on cash invested stands at 26.85% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 139.53% and total cumulative return in cash at $50,880. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $847/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
912 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26351, Glenville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 717 (50.7%) |
| Renter Occupied HU | 452 (32.0%) |
| Vacant Housing Units | 244 (17.3%) |
| Median Home Value | $99,700 |
| Average Home Value | $136,813 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,280
Multi-Family
16
Businesses
173
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Listed by: Mykia Keplinger • Cypress Properties
Mls Name: My State MLS
Mls ID: #11525358