139 W 1st StWestoverWV26501
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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 Westover at 139 W 1st St, Westover, WV, 26501 uses $69,449 cash to close to unlock $6,530/yr annual cash flow and $544/mo monthly cash flow. Total monthly income runs $1,756/mo, and a $1,025/mo payment keeps the spread at $544/mo. Purchase price stands at $209,500, and rental yield measures 10.06% with $1,756/mo rent. Return on cash invested shows 29.31% in year one, and 5% annual appreciation builds toward $57,881 over five years. Five-year ROI reaches 152.78% and total cumulative return in cash records $106,107. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,756/mo property income covering a $1,025/mo payment rather than investor’s personal income.
Single Family
Built in 1961
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26501, Morgantown, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,898 (100%) |
| Owner Occupied HU | 5,659 (57.2%) |
| Renter Occupied HU | 3,294 (33.3%) |
| Vacant Housing Units | 945 ( 9.5%) |
| Median Home Value | $229,353 |
| Average Home Value | $275,429 |
Housing Distribution
Address Breakdown
Residential
9,296
Single Family
8,727
Multi-Family
569
Businesses
796
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Listed by: Kay Michael Alexander • HOWARD HANNA
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156363
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 2024-02-07 10:15:58 PST