1905&1909 Second StMoundsvilleWV26041
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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 1905&1909 Second St, Moundsville, WV, 26041 uses $58,013 cash to close to unlock $84/yr annual cash flow and $7/mo monthly cash flow. Total monthly income runs $1,020/mo, and a $857/mo payment keeps the spread at $7/mo. Purchase price stands at $175,000, and rental yield measures 6.99% with $1,020/mo rent. Return on cash invested shows 20.05% in year one, and 5% annual appreciation builds toward $48,349 over five years. Five-year ROI reaches 103.09% and total cumulative return in cash records $59,803. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,020/mo property income covering a $857/mo payment rather than investor’s personal income.
Multi Family
Built in 1905
8,712 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: Ashlea Minch • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #139982