202 Forest DrParkersburgWV26104
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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 Parkersburg at 202 Forest Dr, Parkersburg, WV, 26104 listed at $270,000 pairs $1,140/mo rent with a $1,322/mo payment. Total monthly income runs $1,140/mo. Return on cash invested measures 14.24% in year one, and rental yield registers 5.07% at a $270,000 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,596 by year five. Five-year ROI tracks 71.96% and total cumulative return in cash totals $64,405. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,140/mo property income relative to a $1,322/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1978
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26104, Parkersburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,987 (100%) |
| Owner Occupied HU | 4,856 (60.8%) |
| Renter Occupied HU | 2,358 (29.5%) |
| Vacant Housing Units | 773 ( 9.7%) |
| Median Home Value | $169,171 |
| Average Home Value | $212,817 |
Housing Distribution
Address Breakdown
Residential
7,764
Single Family
7,335
Multi-Family
429
Businesses
433
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Listed by: Jovar Simmons • Key MOVe Realty LLC
Mls Name: MLS Now
Mls ID: #5179073