220 Carmel RoadWheelingWV26003
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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 Wheeling at 220 Carmel Road, Wheeling, WV, 26003 listed at $449,000 pairs $2,242/mo rent with a $2,198/mo payment. Total monthly income runs $2,242/mo. Return on cash invested measures 17.04% in year one, and rental yield registers 5.99% at a $449,000 basis. Equity gained on principal adds $2,897/yr, and annual property appreciation at 5% supports $124,050 by year five. Five-year ROI tracks 86.91% and total cumulative return in cash totals $129,364. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,242/mo property income relative to a $2,198/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1951
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
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Listed by: Gil White • Paull Associates
Mls Name: Wheeling BOR
Mls ID: #139641