535 Mahan AveFollansbeeWV26037
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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 Follansbee at 535 Mahan Ave, Follansbee, WV, 26037 with 5% annual appreciation on a $168,900 basis while $810/mo rent supports operations. 32% in year one. Equity gained on principal adds $1,090/yr, and five-year appreciation sums $46,664 alongside rental yield of 5.75%. Five-year ROI measures 83.09% and total cumulative return in cash totals $46,524. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $810/mo property income versus a $827/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1933
3,428 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26037, Follansbee, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,852 (100%) |
| Owner Occupied HU | 1,878 (65.8%) |
| Renter Occupied HU | 651 (22.8%) |
| Vacant Housing Units | 323 (11.3%) |
| Median Home Value | $144,231 |
| Average Home Value | $187,855 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,664
Multi-Family
147
Businesses
160
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Listed by: Ciera Youschak • Cedar One Realty
Mls Name: MLS Now
Mls ID: #5153925