428-430 Grant StNewellWV26050
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play428-430 Grant St, Newell, WV, 26050 in Newell is priced for appreciation, not yield. Rental yield 0%. At $130,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $35,917 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (1.68) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $63,881.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $982 |
| Total Monthly Debt Service | $700 |
| DSCR Ratio | 1.40x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Multi 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
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
Multi 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaylee Barnhart • Sellitti Realty, LLC
Mls Name: MLS Now
Mls Provider:
Mls ID: #5110279
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