403 E High StTerra AltaWV26764
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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 Terra Alta at 403 E High St, Terra Alta, WV, 26764 offers a 9.07% rental yield on a $139,000 purchase with $1,051/mo rent. Total monthly income registers $1,051/mo, and a $680/mo payment leaves $247/mo available for distribution. Annual cash flow reaches $2,965/yr on $46,079 to close, and return on cash invested stands at 26.34% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 136.92% and total cumulative return in cash at $63,092. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,051/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Christie Giompalo • Realty Exchange Commercial / Residential Brokerage
Mls Name: HUNTMLS
Mls ID: #182202