406 Grant StNewellWV26050
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
Investment Highlights
Investment property for sale in Newell at 406 Grant St, Newell, WV, 26050 at $122,000 posts ROI 30.92% with $371/mo cash flow from $1,077/mo rent. Total monthly income equals $1,077/mo, and annual cash flow records $4,455/yr on $40,443 to close. Return on cash invested measures 30.92% and rental yield reads 10.59% at the current $122,000. Equity gained on principal adds $787/yr, and 5% annual appreciation supports $33,706 by year five. Five-year ROI prints 161.5% and total cumulative return in cash totals $65,315.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,077/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1910
3,301 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26050, Newell, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 688 (100%) |
| Owner Occupied HU | 359 (52.2%) |
| Renter Occupied HU | 206 (29.9%) |
| Vacant Housing Units | 123 (17.9%) |
| Median Home Value | $100,977 |
| Average Home Value | $121,407 |
Housing Distribution
Address Breakdown
Residential
536
Single Family
534
Multi-Family
2
Businesses
49
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Nearby investment properties with comparable prices
Listed by: Kaylee Barnhart • Sellitti Realty, LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5110275
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