212 Viola LaneFollansbeeWV26037
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
Rental property for sale in Follansbee at 212 Viola Lane, Follansbee, WV, 26037 offers $1,636/mo rent that, after a $489/mo payment, leaves $1,058/mo cash flow. Total monthly income is $1,636/mo, and annual cash flow is $12,694/yr on $33,150 cash. Return on cash invested measures 58.2% in year one, and rental yield stands at 19.63% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 307.67% and total cumulative return in cash reaches $101,992. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,636/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1961
7,501 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26037, Follansbee, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,852 (100%) |
| Owner Occupied HU | 1,878 (65.8%) |
| Renter Occupied HU | 651 (22.8%) |
| Vacant Housing Units | 323 (11.3%) |
| Median Home Value | $144,231 |
| Average Home Value | $187,855 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,664
Multi-Family
147
Businesses
160
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Kay Pepe • Paull Associates
Mls Name: Wheeling BOR
Mls ID: #139828