208 WetzelNew MartinsvilleWV26155
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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
Rental property for sale in New Martinsville at 208 Wetzel, New Martinsville, WV, 26155 priced at $159,000 pairs $1,440/mo rent with $520/mo cash flow after a $778/mo payment. Total monthly income equals $1,440/mo, and annual cash flow comes to $6,243/yr on $52,709 invested. Return on cash invested is 31.75% in year one, and rental yield stands at 10.87% on a $159,000 basis. Equity gained on principal adds $1,026/yr, and 5% annual appreciation accumulates to $43,929 by year five. Five-year ROI measures 165.9% and total cumulative return in cash reaches $87,444. For financing, Ziffy Mortgage’s DSCR program evaluates $1,440/mo property income against a $778/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1979
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26155, New Martinsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,923 (100%) |
| Owner Occupied HU | 2,559 (65.2%) |
| Renter Occupied HU | 840 (21.4%) |
| Vacant Housing Units | 524 (13.4%) |
| Median Home Value | $146,537 |
| Average Home Value | $149,352 |
Housing Distribution
Address Breakdown
Residential
3,970
Single Family
3,823
Multi-Family
147
Businesses
367
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Listed by: Jane Ann Gamble • First Choice Realtors
Mls Name: Wheeling BOR
Mls ID: #141285