1219 Park AveCharlestonWV25302
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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 1219 Park Ave, Charleston, WV, 25302 offers a 9.49% rental yield on a $164,900 purchase with $1,304/mo rent. Total monthly income registers $1,304/mo, and a $807/mo payment leaves $350/mo available for distribution. Annual cash flow reaches $4,200/yr on $54,664 to close, and return on cash invested stands at 27.59% in year one. Equity gained on principal adds $1,064/yr while 5% annual appreciation supports $45,559 over five years. Portfolio math shows five-year ROI at 143.51% and total cumulative return in cash at $78,448. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,304/mo property income against a $807/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
3,920 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: Blake Davis • Cornerstone Realty, LLC
Mls Name: KVBR
Mls ID: #279586