621R Grant StreetMcMechenWV26040
Nearby investment properties with comparable rents
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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 McMechen at 621R Grant Street, McMechen, WV, 26040 priced at $165,000 pairs $930/mo rent with after a $808/mo payment. Total monthly income equals $930/mo. Return on cash invested is 19.36% in year one, and rental yield stands at 6.76% on a $165,000 basis. Equity gained on principal adds $1,065/yr, and 5% annual appreciation accumulates to $45,586 by year five. Five-year ROI measures 99.36% and total cumulative return in cash reaches $54,347. For financing, Ziffy Mortgage’s DSCR program evaluates $930/mo property income against a $808/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1961
1,742 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26040, Mc Mechen, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 873 (100%) |
| Owner Occupied HU | 536 (61.4%) |
| Renter Occupied HU | 207 (23.7%) |
| Vacant Housing Units | 130 (14.9%) |
| Median Home Value | $109,862 |
| Average Home Value | $121,087 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
813
Multi-Family
0
Businesses
47
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Listed by: Austin Slie • RE/MAX Broadwater
Mls Name: Wheeling BOR
Mls ID: #140094