1523 20th StParkersburgWV26101
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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 Parkersburg at 1523 20th St, Parkersburg, WV, 26101 uses $36,465 cash to close to unlock $2,735/yr annual cash flow and $228/mo monthly cash flow. Total monthly income runs $864/mo, and a $538/mo payment keeps the spread at $228/mo. Purchase price stands at $110,000, and rental yield measures 9.43% with $864/mo rent. Return on cash invested shows 27.41% in year one, and 5% annual appreciation builds toward $30,391 over five years. Five-year ROI reaches 142.52% and total cumulative return in cash records $51,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $864/mo property income covering a $538/mo payment rather than investor’s personal income.
Single Family
Built in 1922
5,588 sqft lot
$N/A/sqft
No HOA
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Listed by: Joyce R Burns • Coldwell Banker Select Properties
Mls Name: MLS Now
Mls ID: #5168857