404 Grant StMcMechenWV26040
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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 McMechen at 404 Grant St, McMechen, WV, 26040 uses $46,410 cash to close to unlock $3,290/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $1,084/mo, and a $685/mo payment keeps the spread at $274/mo. Purchase price stands at $140,000, and rental yield measures 9.29% with $1,084/mo rent. Return on cash invested shows 27% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 140.42% and total cumulative return in cash records $65,170. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,084/mo property income covering a $685/mo payment rather than investor’s personal income.
Single Family
Built in 1905
1.15 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26040, Mc Mechen, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 536 (61.4%) |
| Renter Occupied HU | 207 (23.7%) |
| Vacant Housing Units | 130 (14.9%) |
| Median Home Value | $109,862 |
| Average Home Value | $121,087 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
47
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Listed by: N/A • N/A
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