1202 Center StreetMoundsvilleWV26041
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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 Moundsville at 1202 Center Street, Moundsville, WV, 26041 offers $1,020/mo rent that, after a $729/mo payment, leaves $158/mo cash flow. Total monthly income is $1,020/mo, and annual cash flow is $1,898/yr on $49,393 cash. Return on cash invested measures 23.75% in year one, and rental yield stands at 8.21% at a $148,999 entry. Equity gained on principal adds $961/yr while 5% annual appreciation compounds into $41,166 by year five. Five-year ROI records 123.01% and total cumulative return in cash reaches $60,760. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,020/mo property income versus a $729/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1924
4,056 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26041, Moundsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,334 (100%) |
| Owner Occupied HU | 4,907 (66.9%) |
| Renter Occupied HU | 1,573 (21.4%) |
| Vacant Housing Units | 854 (11.6%) |
| Median Home Value | $144,770 |
| Average Home Value | $182,278 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,499
Multi-Family
173
Businesses
447
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Listed by: Jennifer Kittle • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #138966
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.