106 Mullins RdCharlestonWV25314
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who value predictability will appreciate 106 Mullins Rd, Charleston, WV, 25314 in Charleston. At $137,000 it earns $1,083/mo in rent and distributes $290/mo to the owner after the $616/mo payment, a consistent 9.49% yield. DSCR 1.76 clears Ziffy Mortgage's income-only underwriting standard. Over five years, 5% annual appreciation adds $37,851 in value; $1,262/yr in principal paydown compounds ownership stake. Total projected return: $70,403.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.5% | 9.8% |
| Monthly Cash Flow | $290 | $425 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,083 |
| Total Monthly Debt Service | $738 |
| DSCR Ratio | 1.47x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1963
1.80 Acres 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
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
Single Family
Built in 1963
1.80 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: My State MLS
Mls ID: #11683298