1602 W Pike StClarksburgWV26301
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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 Clarksburg at 1602 W Pike St, Clarksburg, WV, 26301 generates $1,865/mo in rent and, after a $1,077/mo payment, leaves $592/mo in cash flow. Total monthly income is $1,865/mo, and annual cash flow is $7,102/yr on $72,930 invested. Return on cash invested sits at 29.65% in year one, and rental yield is 10.17% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 154.54% and total cumulative return in cash sums $112,703. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,865/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,517 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
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Listed by: FRANCESCA MERANDI POLLICK • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls ID: #10160377