3306 Hemlock StParkersburgWV26104
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowDay-one income is the story at 3306 Hemlock St, Parkersburg, WV, 26104 in Parkersburg. Priced at $107,300, it generates $1,616/mo in gross rent and $959/mo in net monthly cash flow, a 18.08% yield that comfortably supports the 3.35 DSCR needed for Ziffy Mortgage's no-W2 DSCR mortgage. Projected annual cash flow: $11,513. Five-year appreciation: $29,645. Equity from principal paydown: $988/yr. Total projected cumulative return: $102,447.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 18.1% | 8.7% |
| Monthly Cash Flow | $959 | $450 |
City averages based on Parkersburg market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,616 |
| Total Monthly Debt Service | $614 |
| DSCR Ratio | 2.63x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1929
4,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26104, Parkersburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,987 (100%) |
| Owner Occupied HU | 4,856 (60.8%) |
| Renter Occupied HU | 2,358 (29.5%) |
| Vacant Housing Units | 773 ( 9.7%) |
| Median Home Value | $169,171 |
| Average Home Value | $212,817 |
Housing Distribution
Address Breakdown
Residential
7,764
Single Family
7,335
Multi-Family
429
Businesses
433
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
Single Family
Built in 1929
4,251 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26104, Parkersburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,987 (100%) |
| Owner Occupied HU | 4,856 (60.8%) |
| Renter Occupied HU | 2,358 (29.5%) |
| Vacant Housing Units | 773 ( 9.7%) |
| Median Home Value | $169,171 |
| Average Home Value | $212,817 |
Housing Distribution
Address Breakdown
Residential
7,764
Single Family
7,335
Multi-Family
429
Businesses
433
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A