160 Nichols Rd. & 105 Ginger LaneWheelingWV26003
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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 Wheeling at 160 Nichols Rd. & 105 Ginger Lane, Wheeling, WV, 26003 earns from $1,200/mo rent with a $2,570/mo payment. Total monthly income totals $1,200/mo. ROI tracks 7.29% on current figures, and rental yield reads 2.74% at a $525,000 purchase. Equity gained on principal adds $3,388/yr, and 5% annual appreciation supports $145,048 over five years. Five-year ROI reaches 34.6% and total cumulative return in cash sums $59,757. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,200/mo property income instead of your personal income.
Single Family
Built in 1966
1.05 Acres 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: Deanna Funari • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #139973