615 E Main StClarksburgWV26301
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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 Clarksburg at 615 E Main St, Clarksburg, WV, 26301 with 5% annual appreciation on a $234,999 basis while $2,130/mo rent supports operations. Total monthly income totals $2,130/mo and a $1,150/mo payment preserves $770/mo for cash returns. Annual cash flow comes to $9,246/yr on $77,902 deployed, and return on cash invested reaches 31.78% in year one. Equity gained on principal adds $1,516/yr, and five-year appreciation sums $64,926 alongside rental yield of 10.88%. Five-year ROI measures 166% and total cumulative return in cash totals $129,316.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,130/mo property income versus a $1,150/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1936
5,531 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26301, Clarksburg, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 14,136 (100%) |
| Owner Occupied HU | 8,095 (57.3%) |
| Renter Occupied HU | 4,166 (29.5%) |
| Vacant Housing Units | 1,875 (13.3%) |
| Median Home Value | $158,054 |
| Average Home Value | $186,693 |
Housing Distribution
Address Breakdown
Residential
12,787
Single Family
12,089
Multi-Family
698
Businesses
854
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Listed by: JO HELEN WILLIAMS • HOMEFINDERS PLUS REAL ESTATE INC
Mls Name: NCWV REIN
Mls ID: #10161818