3508 Elm StParkersburgWV26104
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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 Parkersburg at 3508 Elm St, Parkersburg, WV, 26104 earns $431/mo cash flow from $1,140/mo rent with a $600/mo payment. Total monthly income totals $1,140/mo, and annual cash flow totals $5,169/yr on $40,609 capital. ROI tracks 32.64% on current figures, and rental yield reads 11.17% at a $122,500 purchase. Equity gained on principal adds $790/yr, and 5% annual appreciation supports $33,844 over five years. Five-year ROI reaches 170.59% and total cumulative return in cash sums $69,276. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,140/mo property income instead of your personal income.
Single Family
Built in 1950
3,741 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
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Listed by: Annetta Crawford • Douglass & Co Real Estate Team
Mls Name: MLS Now
Mls ID: #5154221