264 Fernwood AveWeirtonWV26062
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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 Weirton at 264 Fernwood Ave, Weirton, WV, 26062 with 5% annual appreciation on a $105,000 basis while $835/mo rent supports operations. Total monthly income totals $835/mo and a $514/mo payment preserves $227/mo for cash returns. Annual cash flow comes to $2,729/yr on $34,808 deployed, and return on cash invested reaches 27.75% in year one. Equity gained on principal adds $678/yr, and five-year appreciation sums $29,010 alongside rental yield of 9.54%. Five-year ROI measures 144.42% and total cumulative return in cash totals $50,270.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $835/mo property income versus a $514/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
10,576 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26062, Weirton, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,289 (100%) |
| Owner Occupied HU | 6,310 (61.3%) |
| Renter Occupied HU | 3,006 (29.2%) |
| Vacant Housing Units | 973 ( 9.5%) |
| Median Home Value | $141,449 |
| Average Home Value | $167,541 |
Housing Distribution
Address Breakdown
Residential
9,737
Single Family
9,391
Multi-Family
346
Businesses
811
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Listed by: Missy Mikula • Howard Hanna Mortimer Realty
Mls Name: MLS Now
Mls ID: #5154070