2312 Eldersville RdFollansbeeWV26037
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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 Follansbee at 2312 Eldersville Rd, Follansbee, WV, 26037 earns from $810/mo rent with a $1,072/mo payment. Total monthly income totals $810/mo. ROI tracks 12.35% on current figures, and rental yield reads 4.44% at a $219,000 purchase. Equity gained on principal adds $1,413/yr, and 5% annual appreciation supports $60,506 over five years. Five-year ROI reaches 61.78% and total cumulative return in cash sums $44,853. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $810/mo property income instead of your personal income.
Single Family
Built in 1968
0.43 Acres 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
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Listed by: Lisa A Hensley • Howard Hanna Mortimer Realty
Mls Name: MLS Now
Mls ID: #5162480