803 E State AveTerra AltaWV26764
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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 Terra Alta at 803 E State Ave, Terra Alta, WV, 26764 listed at $119,000 pairs $909/mo rent with a $582/mo payment to leave $221/mo cash flow. Total monthly income runs $909/mo, and annual cash flow reaches $2,651/yr on $39,449 cash to close. Return on cash invested measures 26.63% in year one, and rental yield registers 9.17% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 138.36% and total cumulative return in cash totals $54,581. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $909/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26764, Terra Alta, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,556 (100%) |
| Owner Occupied HU | 1,455 (56.9%) |
| Renter Occupied HU | 405 (15.8%) |
| Vacant Housing Units | 696 (27.2%) |
| Median Home Value | $162,318 |
| Average Home Value | $178,751 |
Housing Distribution
Address Breakdown
Residential
1,904
Single Family
1,904
Multi-Family
0
Businesses
94
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Listed by: Joe Pyle • Joe R. Pyle Complete Auction and Realty Service
Mls Name: My State MLS
Mls ID: #11572385