3118 Cleveland RdClevelandWV26215
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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
Total monthly income runs $1,116/mo, and a $1,077/mo payment. Purchase price stands at $220,000, and rental yield measures 6.09% with $1,116/mo rent. Return on cash invested shows 17.32% in year one, and 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 88.44% and total cumulative return in cash records $64,499. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,116/mo property income covering a $1,077/mo payment rather than investor’s personal income.
Single Family
Built in 1950
1.20 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26215, Cleveland, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 22 (100%) |
| Owner Occupied HU | 12 (54.5%) |
| Renter Occupied HU | 3 (13.6%) |
| Vacant Housing Units | 7 (31.8%) |
| Median Home Value | $233,333 |
| Average Home Value | $273,958 |
Housing Distribution
Address Breakdown
Residential
53
Single Family
53
Multi-Family
0
Businesses
2
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Listed by: TINA CUNNINGHAM • COLDWELL BANKER ARMSTRONG-DAVIS REALTY, INC
Mls Name: NCWV REIN
Mls ID: #10163027