612 North 3rd AvePaden CityWV26159
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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 Paden City at 612 North 3rd Ave, Paden City, WV, 26159 listed at $115,000 pairs $720/mo rent with a $563/mo payment to leave $54/mo cash flow. Total monthly income runs $720/mo, and annual cash flow reaches $654/yr on $38,123 cash to close. Return on cash invested measures 21.62% in year one, and rental yield registers 7.51% at a $115,000 basis. Equity gained on principal adds $742/yr, and annual property appreciation at 5% supports $31,772 by year five. Five-year ROI tracks 111.55% and total cumulative return in cash totals $42,525. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $563/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26159, Paden City, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,173 (100%) |
| Owner Occupied HU | 778 (66.3%) |
| Renter Occupied HU | 246 (21.0%) |
| Vacant Housing Units | 149 (12.7%) |
| Median Home Value | $96,346 |
| Average Home Value | $103,583 |
Housing Distribution
Address Breakdown
Residential
1,100
Single Family
1,100
Multi-Family
0
Businesses
64
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Listed by: Angela Anderson • Pathway
Mls Name: Wheeling BOR
Mls ID: #141256