155 S Walnut StPhilippiWV26416
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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 Philippi at 155 S Walnut St, Philippi, WV, 26416 priced at $135,000 pairs $1,121/mo rent with $340/mo cash flow after a $661/mo payment. Total monthly income equals $1,121/mo, and annual cash flow comes to $4,076/yr on $44,753 invested. Return on cash invested is 29.02% in year one, and rental yield stands at 9.96% on a $135,000 basis. Equity gained on principal adds $871/yr, and 5% annual appreciation accumulates to $37,298 by year five. Five-year ROI measures 151.18% and total cumulative return in cash reaches $67,657. For financing, Ziffy Mortgage’s DSCR program evaluates $1,121/mo property income against a $661/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1902
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26416, Philippi, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,158 (100%) |
| Owner Occupied HU | 1,963 (62.2%) |
| Renter Occupied HU | 708 (22.4%) |
| Vacant Housing Units | 487 (15.4%) |
| Median Home Value | $140,061 |
| Average Home Value | $168,565 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
2,920
Multi-Family
105
Businesses
214
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Listed by: Hannah Furby • GARTON REAL ESTATE GROUP
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10156570
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 2025-02-18 03:42:06 PST