1601.5 Third StreetMoundsvilleWV26041
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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 Moundsville at 1601.5 Third Street, Moundsville, WV, 26041 uses $42,730 cash to close to unlock $3,289/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $631/mo payment keeps the spread at $274/mo. Purchase price stands at $128,900, and rental yield measures 9.5% with $1,020/mo rent. Return on cash invested shows 27.61% in year one, and 5% annual appreciation builds toward $35,613 over five years. Five-year ROI reaches 143.71% and total cumulative return in cash records $61,409. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $631/mo payment rather than investor’s personal income.
Single Family
Built in 1954
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26041, Moundsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,334 (100%) |
| Owner Occupied HU | 4,907 (66.9%) |
| Renter Occupied HU | 1,573 (21.4%) |
| Vacant Housing Units | 854 (11.6%) |
| Median Home Value | $144,770 |
| Average Home Value | $182,278 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,499
Multi-Family
173
Businesses
447
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Listed by: David Robbins • Allied Realty Groups
Mls Name: Wheeling BOR
Mls ID: #138609
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.