Wheeling, OH — Rental Investment Analysis

🟢STRONGexcellent cash flow market

Cap Rate

9.7%

Above average

Monthly Cash Flow

+$298

After all expenses

Price-to-Rent

7.2

Investor-friendly

DSCR

1.52

Passes lender test

📊 Key Metrics

Median Home Price
$107,881
Average Rent (3BR)
$1,250/mo
Price-to-Rent Ratio
7.2(good)
1% Rule
1.16%(passes)
Cash-on-Cash Return
14.4%
Vacancy Rate
8.0%

📈 Market Strength

Assumptions Used

20% down, 7.000000000000001% rate, 30yr, 8% vacancy, 10% maintenance

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🏘️ Best Zip Codes in Wheeling for Investors

43977
Cap Rate: 13.0%Cash Flow: +$512/mo$93,158
43901
Cap Rate: 9.7%Cash Flow: +$298/mo$107,881
43719
Cap Rate: 6.1%Cash Flow: -$37/mo$141,748

All Zip Codes in Wheeling

ZipCap RateCash FlowHome PriceRent (3BR)DSCR
4397713.0%+$512$93,158$1,390/mo2.03
439019.7%+$298$107,881$1,250/mo1.52
437196.1%-$37$141,748$1,120/mo0.95