1512 Ridgeway AveParkersburgWV26101
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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 Parkersburg at 1512 Ridgeway Ave, Parkersburg, WV, 26101 priced at $105,700 converts $1,250/mo rent into $632/mo cash flow after a $517/mo obligation. Total monthly income equals $1,250/mo, and annual cash flow totals $7,588/yr on $35,040 invested. Return on cash invested prints 41.56% in year one, and rental yield reads 14.19% against a $105,700 entry. Equity gained on principal adds $682/yr, while 5% annual appreciation compiles into $29,203 by year five. Five-year ROI reaches 218.61% and total cumulative return in cash sums $76,602. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,250/mo property income covering a $517/mo payment, not borrower’s personal income.
Manufactured
Built in 2004
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: N/A • N/A
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