305 Logan St.McMechenWV26040
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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 McMechen at 305 Logan St, McMechen, WV, 26040 at $110,000 posts ROI 29.58% with $294/mo cash flow from $930/mo rent. Total monthly income equals $930/mo, and annual cash flow records $3,527/yr on $36,465 to close. Return on cash invested measures 29.58% and rental yield reads 10.15% at the current $110,000. Equity gained on principal adds $710/yr, and 5% annual appreciation supports $30,391 by year five. Five-year ROI prints 154.17% and total cumulative return in cash totals $56,220.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $930/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1907
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26040, Mc Mechen, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 536 (61.4%) |
| Renter Occupied HU | 207 (23.7%) |
| Vacant Housing Units | 130 (14.9%) |
| Median Home Value | $109,862 |
| Average Home Value | $121,087 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
47
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Listed by: Brandi Kelly • Allied Realty Groups
Mls Name: Wheeling BOR
Mls ID: #139447
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.