7 Schuberts Ln.WheelingWV26003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 7 Schuberts Ln, Wheeling, WV, 26003 priced at $215,000 converts $986/mo rent into after a $1,052/mo obligation. Total monthly income equals $986/mo. Return on cash invested prints 15.57% in year one, and rental yield reads 5.5% against a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation compiles into $59,401 by year five. Five-year ROI reaches 79.08% and total cumulative return in cash sums $56,365. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $986/mo property income covering a $1,052/mo payment, not borrower’s personal income.
Single Family
Built in 1945
0.41 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Angela Crawford • eXp Realty
Mls Name: Wheeling BOR
Mls ID: #140105