2140 16th StParkersburgWV26101
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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
Rental property for sale in Parkersburg at 2140 16th St, Parkersburg, WV, 26101 generates $1,320/mo in rent, after a $1,485/mo payment. Total monthly income is $1,320/mo. Return on cash invested sits at 14.71% in year one, and rental yield is 5.22% on a $303,338 entry. Equity gained on principal adds $1,957/yr, while 5% annual appreciation builds toward $83,807 over five years. Five-year ROI reaches 74.47% and total cumulative return in cash sums $74,884. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,320/mo property income rather than buyer’s personal income.
Multi Family
Built in 1948
3,959 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: David Atkinson • Appalachian Realty Group, LLC.
Mls Name: MLS Now
Mls Provider:
Mls ID: #5019718
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