124 N Chestnut StClarksburgWV26301
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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 124 N Chestnut St, Clarksburg, WV, 26301 with 5% annual appreciation on a $105,000 basis while $798/mo rent supports operations. Total monthly income totals $798/mo and a $514/mo payment preserves $190/mo for cash returns. Annual cash flow comes to $2,285/yr on $34,808 deployed, and return on cash invested reaches 26.47% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.12%. Five-year ROI measures 137.63% and total cumulative return in cash totals $47,906.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $798/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1910
6,098 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: ALLISON VILLERS • COMPASS REALTY GROUP
Mls Name: NCWV REIN
Mls ID: #10161159