403 Broadway AveBridgeportWV26330
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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
Rental property for sale in Bridgeport at 403 Broadway Ave, Bridgeport, WV, 26330 priced at $264,800 converts $2,048/mo rent into $503/mo cash flow after a $1,296/mo obligation. Total monthly income equals $2,048/mo, and annual cash flow totals $6,040/yr on $87,781 invested. Return on cash invested prints 26.79% in year one, and rental yield reads 9.28% against a $264,800 entry. Equity gained on principal adds $1,709/yr, while 5% annual appreciation compiles into $73,159 by year five. Five-year ROI reaches 139.32% and total cumulative return in cash sums $122,292. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,048/mo property income covering a $1,296/mo payment, not borrower’s personal income.
Single Family
Built in 1955
7,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26330, Bridgeport, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,287 (100%) |
| Owner Occupied HU | 5,109 (70.1%) |
| Renter Occupied HU | 1,621 (22.2%) |
| Vacant Housing Units | 557 ( 7.6%) |
| Median Home Value | $289,461 |
| Average Home Value | $304,534 |
Housing Distribution
Address Breakdown
Residential
7,320
Single Family
6,821
Multi-Family
499
Businesses
974
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