603 CENTER AVENUEGlen 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
Rental property for sale in Glen Dale at 603 CENTER AVENUE, Glen Dale, WV, 26038 generates $1,244/mo in rent and, after a $832/mo payment, leaves $261/mo in cash flow. Total monthly income is $1,244/mo, and annual cash flow is $3,126/yr on $56,322 invested. Return on cash invested sits at 25.46% in year one, and rental yield is 8.79% on a $169,900 entry. Equity gained on principal adds $1,096/yr, while 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash sums $74,426. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,244/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
5,662 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: Tom Gilbert • Citywide Realty
Mls Name: Wheeling BOR
Mls ID: #140180