1952 Louisa AveWheelingWV26003
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
Investment Highlights
Investment property for sale in Wheeling at 1952 Louisa Ave, Wheeling, WV, 26003 uses $46,410 cash to close to unlock $4,178/yr annual cash flow and $348/mo monthly cash flow. Total monthly income runs $1,158/mo, and a $685/mo payment keeps the spread at $348/mo. Purchase price stands at $140,000, and rental yield measures 9.93% with $1,158/mo rent. Return on cash invested shows 28.91% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 150.69% and total cumulative return in cash records $69,934. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,158/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1960
9,452 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: John Kazemka • Harvey Goodman Realtors
Mls Name: Wheeling BOR
Mls ID: #139495
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.