600 Madison AveGlen DaleWV26038
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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 Glen Dale at 600 Madison Ave, Glen Dale, WV, 26038 at $175,000 posts ROI 27.88% with $385/mo cash flow from $1,402/mo rent. Total monthly income equals $1,402/mo, and annual cash flow records $4,622/yr on $58,013 to close. Return on cash invested measures 27.88% and rental yield reads 9.61% at the current $175,000. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 by year five. Five-year ROI prints 145.14% and total cumulative return in cash totals $84,199.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,402/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1954
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26038, Glen Dale, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,317 (100%) |
| Owner Occupied HU | 960 (72.9%) |
| Renter Occupied HU | 238 (18.1%) |
| Vacant Housing Units | 119 ( 9.0%) |
| Median Home Value | $212,500 |
| Average Home Value | $246,320 |
Housing Distribution
Address Breakdown
Residential
1,275
Single Family
1,270
Multi-Family
5
Businesses
94
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Listed by: Garrison Wolfe • RE/MAX Broadwater
Mls Name: Wheeling BOR
Mls ID: #137246
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.