1103-1107 Washington St WCharlestonWV25302
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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 Charleston at 1103-1107 Washington St W, Charleston, WV, 25302 uses $49,725 cash to close to unlock $7,923/yr annual cash flow and $660/mo monthly cash flow. Total monthly income runs $1,528/mo, and a $734/mo payment keeps the spread at $660/mo. Purchase price stands at $150,000, and rental yield measures 12.22% with $1,528/mo rent. Return on cash invested shows 35.84% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 187.81% and total cumulative return in cash records $93,390. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,528/mo property income covering a $734/mo payment rather than investor’s personal income.
Multi Family
Built in N/A
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25302, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,716 (100%) |
| Owner Occupied HU | 3,727 (48.3%) |
| Renter Occupied HU | 2,665 (34.5%) |
| Vacant Housing Units | 1,324 (17.2%) |
| Median Home Value | $168,686 |
| Average Home Value | $221,501 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,830
Multi-Family
499
Businesses
515
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Listed by: Elishua Brown • Berkshire Hathaway Home Services Professional Real
Mls Name: KVBR
Mls ID: #281951