103 Saddle Horn RdCharlestonWV25314
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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 Charleston at 103 Saddle Horn Rd, Charleston, WV, 25314 priced at $142,500 converts $1,114/mo rent into $290/mo cash flow after a $697/mo obligation. Total monthly income equals $1,114/mo, and annual cash flow totals $3,479/yr on $47,239 invested. Return on cash invested prints 27.27% in year one, and rental yield reads 9.38% against a $142,500 entry. Equity gained on principal adds $920/yr, while 5% annual appreciation compiles into $39,370 by year five. Five-year ROI reaches 141.78% and total cumulative return in cash sums $66,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,114/mo property income covering a $697/mo payment, not borrower’s personal income.
Condo
Built in 1977
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25314, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 4,764 (69.0%) |
| Renter Occupied HU | 1,393 (20.2%) |
| Vacant Housing Units | 751 (10.9%) |
| Median Home Value | $287,954 |
| Average Home Value | $374,459 |
Housing Distribution
Address Breakdown
Residential
6,653
Single Family
6,128
Multi-Family
525
Businesses
165
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Listed by: Connie King Tedrow • Runyan & Associates REALTORS
Mls Name: KVBR
Mls ID: #281077