247 Park BlvdClarksburgWV26301
INVESTMENT ANALYSIS
Investment Verdict
Solid Income247 Park Blvd, Clarksburg, WV, 26301 in Clarksburg is a solid income-producing rental, 9.55% gross yield, $1,241/mo rent, $338/mo net cash flow on a $155,999 buy. DSCR 1.77 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $43,100 and $1,437/yr in principal reduction project a total cumulative return of $80,674.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.6% | 9.4% |
| Monthly Cash Flow | $338 | $285 |
City averages based on Clarksburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,241 |
| Total Monthly Debt Service | $841 |
| DSCR Ratio | 1.48x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
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
Single Family
Built in 1900
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: MATTHEW CUMMINS • REAL BROKER, LLC
Mls Name: NCWV REIN
Mls ID: #10160903