362 Island View Dr,Parkersburg,WV,26101

Investment Highlights

Investment property for sale in Parkersburg at 362 Island View Dr, Parkersburg, WV, 26101 listed at $227,000 pairs $2,377/mo rent with a $1,111/mo payment to leave $1,064/mo cash flow. Total monthly income runs $2,377/mo, and annual cash flow reaches $12,763/yr on $75,251 cash to close. Return on cash invested measures 36.87% in year one, and rental yield registers 12.57% at a $227,000 basis. Equity gained on principal adds $1,465/yr, and annual property appreciation at 5% supports $62,716 by year five. Five-year ROI tracks 193.28% and total cumulative return in cash totals $145,441. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,377/mo property income relative to a $1,111/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).