1701 Washington AveParkersburgWV26101
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play1701 Washington Ave, Parkersburg, WV, 26101 in Parkersburg is priced for appreciation, not yield. Rental yield 2.45%. At $647,500 with a 2.45% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $178,892 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.45) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $88,230.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 2.5% | 8.7% |
| Monthly Cash Flow | $(2,427) | $450 |
City averages based on Parkersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,320 |
| Total Monthly Debt Service | $3,489 |
| DSCR Ratio | 0.38x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1939
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1939
0.29 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tania Moore • RE/MAX Properties of the Valley
Mls Name: MLS Now
Mls ID: #5121471