122 Carolina AveChesterWV26034
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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 Chester at 122 Carolina Ave, Chester, WV, 26034 generates $949/mo in rent and, after a $611/mo payment, leaves $227/mo in cash flow. Total monthly income is $949/mo, and annual cash flow is $2,720/yr on $41,404 invested. Return on cash invested sits at 26.48% in year one, and rental yield is 9.12% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 137.57% and total cumulative return in cash sums $56,962. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $949/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26034, Chester, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,209 (100%) |
| Owner Occupied HU | 1,311 (59.3%) |
| Renter Occupied HU | 590 (26.7%) |
| Vacant Housing Units | 308 (13.9%) |
| Median Home Value | $166,487 |
| Average Home Value | $217,946 |
Housing Distribution
Address Breakdown
Residential
1,936
Single Family
1,852
Multi-Family
84
Businesses
155
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Listed by: James L Arehart • Century 21 Greathouse Realty, LLC
Mls Name: MLS Now
Mls ID: #5147391