1313 Garfeild StreetMcMechenWV26040
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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 McMechen at 1313 Garfeild Street, McMechen, WV, 26040 uses $62,620 cash to close to unlock $6,763/yr annual cash flow and $564/mo monthly cash flow. Total monthly income runs $1,657/mo, and a $925/mo payment keeps the spread at $564/mo. Purchase price stands at $188,900, and rental yield measures 10.53% with $1,657/mo rent. Return on cash invested shows 30.71% in year one, and 5% annual appreciation builds toward $52,190 over five years. Five-year ROI reaches 160.25% and total cumulative return in cash records $100,347. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,657/mo property income covering a $925/mo payment rather than investor’s personal income.
Single Family
Built in 1973
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26040, Mc Mechen, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 536 (61.4%) |
| Renter Occupied HU | 207 (23.7%) |
| Vacant Housing Units | 130 (14.9%) |
| Median Home Value | $109,862 |
| Average Home Value | $121,087 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
47
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Listed by: Bradley Howard • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #138457
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.