309 Booker StWeirtonWV26062
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
Investment Highlights
Rental property for sale in Weirton at 309 Booker St, Weirton, WV, 26062 priced at $139,900 converts $1,208/mo rent into $398/mo cash flow after a $685/mo obligation. Total monthly income equals $1,208/mo, and annual cash flow totals $4,779/yr on $46,377 invested. Return on cash invested prints 30.21% in year one, and rental yield reads 10.36% against a $139,900 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation compiles into $38,652 by year five. Five-year ROI reaches 157.64% and total cumulative return in cash sums $73,107. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,208/mo property income covering a $685/mo payment, not borrower’s personal income.
Single Family
Built in 1947
5,998 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Carrie Anderson • JJ Guida Airport Realty
Mls Name: MLS Now
Mls ID: #5163660