419 S Main StPhilippiWV26416
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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 Philippi at 419 S Main St, Philippi, WV, 26416 at $225,000 posts ROI 32.09% with $757/mo cash flow from $2,059/mo rent. Total monthly income equals $2,059/mo, and annual cash flow records $9,089/yr on $74,588 to close. Return on cash invested measures 32.09% and rental yield reads 10.98% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 167.7% and total cumulative return in cash totals $125,085.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,059/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1922
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26416, Philippi, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,158 (100%) |
| Owner Occupied HU | 1,963 (62.2%) |
| Renter Occupied HU | 708 (22.4%) |
| Vacant Housing Units | 487 (15.4%) |
| Median Home Value | $140,061 |
| Average Home Value | $168,565 |
Housing Distribution
Address Breakdown
Residential
3,025
Single Family
2,920
Multi-Family
105
Businesses
214
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Listed by: Kathy Weese • ALL SEASONS REAL ESTATE SERVICE
Mls Name: NCWV REIN
Mls Provider:
Mls ID: #10157689
Disclaimer: Data provided by North Central WV Real Estate Information Network, Inc. IDX information is provided exclusively for consumers personal non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information last updated on 2025-02-18 03:42:06 PST