4013 Packard 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 4013 Packard St, Parkersburg, WV, 26104 uses $82,875 cash to close to unlock $10,513/yr annual cash flow and $876/mo monthly cash flow. Total monthly income runs $2,323/mo, and a $1,224/mo payment keeps the spread at $876/mo. Purchase price stands at $250,000, and rental yield measures 11.15% with $2,323/mo rent. Return on cash invested shows 32.59% in year one, and 5% annual appreciation builds toward $69,070 over five years. Five-year ROI reaches 170.39% and total cumulative return in cash records $141,214. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,323/mo property income covering a $1,224/mo payment rather than investor’s personal income.
Single Family
Built in 1959
0.42 Acres 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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