69 Lynwood AveWheelingWV26003
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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 Wheeling at 69 Lynwood Ave, Wheeling, WV, 26003 generates $1,333/mo in rent and, after a $1,052/mo payment, leaves $89/mo in cash flow. Total monthly income is $1,333/mo, and annual cash flow is $1,072/yr on $71,273 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 7.44% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 110.43% and total cumulative return in cash sums $78,709. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,333/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26003, Wheeling, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,420 (100%) |
| Owner Occupied HU | 11,619 (56.9%) |
| Renter Occupied HU | 6,088 (29.8%) |
| Vacant Housing Units | 2,713 (13.3%) |
| Median Home Value | $189,635 |
| Average Home Value | $222,956 |
Housing Distribution
Address Breakdown
Residential
19,377
Single Family
17,124
Multi-Family
2,253
Businesses
1,832
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Listed by: Shelley Crake • Fathom Realty, LLC
Mls Name: Wheeling BOR
Mls ID: #139299
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.