396 Scenic HlsParkersburgWV26104
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 Parkersburg at 396 Scenic Hls, Parkersburg, WV, 26104 generates $2,313/mo in rent and, after a $1,591/mo payment, leaves $407/mo in cash flow. Total monthly income is $2,313/mo, and annual cash flow is $4,883/yr on $107,738 invested. Return on cash invested sits at 24.44% in year one, and rental yield is 8.54% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 126.71% and total cumulative return in cash sums $136,513. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,313/mo property income rather than buyer’s personal income.
Single Family
Built in 1981
0.36 Acres lot
$N/A/sqft
$300 annually 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: Holly Southers • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #277920
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.