863 Highland StFollansbeeWV26037
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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 Follansbee at 863 Highland St, Follansbee, WV, 26037 generates $810/mo in rent and, after a $612/mo payment, leaves $87/mo in cash flow. Total monthly income is $810/mo, and annual cash flow is $1,039/yr on $41,438 invested. Return on cash invested sits at 22.42% in year one, and rental yield is 7.78% on a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation builds toward $34,535 over five years. Five-year ROI reaches 115.79% and total cumulative return in cash sums $47,981. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $810/mo property income rather than buyer’s personal income.
Single Family
Built in 1940
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26037, Follansbee, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,852 (100%) |
| Owner Occupied HU | 1,878 (65.8%) |
| Renter Occupied HU | 651 (22.8%) |
| Vacant Housing Units | 323 (11.3%) |
| Median Home Value | $144,231 |
| Average Home Value | $187,855 |
Housing Distribution
Address Breakdown
Residential
2,811
Single Family
2,664
Multi-Family
147
Businesses
160
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Listed by: Jessica A Conrad • THA Realty, LLC
Mls Name: MLS Now
Mls ID: #5182088