218 Cherry StBridgeportWV26330
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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 Bridgeport at 218 Cherry St, Bridgeport, WV, 26330 with 5% annual appreciation on a $215,000 basis while $1,750/mo rent supports operations. Total monthly income totals $1,750/mo and a $1,052/mo payment preserves $506/mo for cash returns. Annual cash flow comes to $6,076/yr on $71,273 deployed, and return on cash invested reaches 28.43% in year one. Equity gained on principal adds $1,387/yr, and five-year appreciation sums $59,401 alongside rental yield of 9.77%. Five-year ROI measures 148.06% and total cumulative return in cash totals $105,529.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,750/mo property income versus a $1,052/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26330, Bridgeport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,109 (70.1%) |
| Renter Occupied HU | 1,621 (22.2%) |
| Vacant Housing Units | 557 ( 7.6%) |
| Median Home Value | $289,461 |
| Average Home Value | $304,534 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,821
Multi-Family
499
Businesses
974
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Listed by: Sarah Mcneely • MCNEELY REALTY GROUP, INC
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10158733
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers 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 last updated on 2025-04-17 12:11:30 PDT