603 33rd StParkersburgWV26101
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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 Parkersburg at 603 33rd St, Parkersburg, WV, 26101 offers a 12.61% rental yield on a $108,000 purchase with $1,135/mo rent. Total monthly income registers $1,135/mo, and a $529/mo payment leaves $510/mo available for distribution. Annual cash flow reaches $6,116/yr on $35,802 to close, and return on cash invested stands at 36.99% in year one. Equity gained on principal adds $697/yr while 5% annual appreciation supports $29,838 over five years. Portfolio math shows five-year ROI at 193.95% and total cumulative return in cash at $69,440. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,135/mo property income against a $529/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1921
5,601 sqft lot
$N/A/sqft
No HOA
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Listed by: Angela Florence • SWC Realty of West Virginia
Mls Name: MLS Now
Mls ID: #5177126