16 Owl CtWheelingWV26003
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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 Wheeling at 16 Owl Ct, Wheeling, WV, 26003 priced at $113,000 converts $1,421/mo rent into $729/mo cash flow after a $553/mo obligation. Total monthly income equals $1,421/mo, and annual cash flow totals $8,747/yr on $37,460 invested. Return on cash invested prints 43.26% in year one, and rental yield reads 15.09% against a $113,000 entry. Equity gained on principal adds $729/yr, while 5% annual appreciation compiles into $31,220 by year five. Five-year ROI reaches 227.97% and total cumulative return in cash sums $85,397. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,421/mo property income covering a $553/mo payment, not borrower’s personal income.
Townhouse
Built in 1970
1,306 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
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Listed by: Kelly Kent • Old Colony, REALTORS
Mls Name: Wheeling BOR
Mls ID: #139137
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.