4 Park Road, Apt. 5WheelingWV26003
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe cash-flow margin at 4 Park Road, Apt. 5, Wheeling, WV, 26003 in Wheeling is narrow, $46/mo net on $1,128/mo rent after the $841/mo debt service, but the property operates at break-even-plus, not a loss. At $187,000 with a 7.24% yield, the long-run equity case via 5% appreciation ($51,665 over five years) and $1,722/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.34 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $73,562.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.2% | 9.2% |
| Monthly Cash Flow | $46 | $450 |
City averages based on Wheeling market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,128 |
| Total Monthly Debt Service | $1,008 |
| DSCR Ratio | 1.12x |
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.
Condo
Built in 1967
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
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
Condo
Built in 1967
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Staci Spry • Paull Associates
Mls Name: Wheeling BOR
Mls ID: #138788
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.