3006 Glenwood AveMoundsvilleWV26041
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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 Moundsville at 3006 Glenwood Ave, Moundsville, WV, 26041 offers a 10.15% rental yield on a $149,900 purchase with $1,268/mo rent. Total monthly income registers $1,268/mo, and a $734/mo payment leaves $400/mo available for distribution. Annual cash flow reaches $4,804/yr on $49,692 to close, and return on cash invested stands at 29.58% in year one. Equity gained on principal adds $967/yr while 5% annual appreciation supports $41,415 over five years. Portfolio math shows five-year ROI at 154.21% and total cumulative return in cash at $76,631. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,268/mo property income against a $734/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1966
6,480 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26041, Moundsville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,334 (100%) |
| Owner Occupied HU | 4,907 (66.9%) |
| Renter Occupied HU | 1,573 (21.4%) |
| Vacant Housing Units | 854 (11.6%) |
| Median Home Value | $144,770 |
| Average Home Value | $182,278 |
Housing Distribution
Address Breakdown
Residential
6,672
Single Family
6,499
Multi-Family
173
Businesses
447
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Listed by: Richard Kinkes • Allied Realty Groups
Mls Name: Wheeling BOR
Mls ID: #138706
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.