501 E Main StHarrisvilleWV26362
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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
Rental property for sale in Harrisville at 501 E Main St, Harrisville, WV, 26362 generates $1,098/mo in rent and, after a $685/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,098/mo, and annual cash flow is $3,458/yr on $46,410 invested. Return on cash invested sits at 27.36% in year one, and rental yield is 9.41% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 142.34% and total cumulative return in cash sums $66,058. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,098/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
2.17 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26362, Harrisville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,394 (100%) |
| Owner Occupied HU | 940 (67.4%) |
| Renter Occupied HU | 294 (21.1%) |
| Vacant Housing Units | 160 (11.5%) |
| Median Home Value | $119,545 |
| Average Home Value | $182,992 |
Housing Distribution
Address Breakdown
Residential
1,349
Single Family
1,345
Multi-Family
4
Businesses
138
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