126 Newcomer RdCharlestonWV25309
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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 126 Newcomer Rd, Charleston, WV, 25309 with 5% annual appreciation on a $541,000 basis while $3,712/mo rent supports operations. Total monthly income totals $3,712/mo and a $2,648/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,979/yr on $177,989 deployed, and return on cash invested reaches 23.98% in year one. Equity gained on principal adds $3,491/yr, and five-year appreciation sums $149,468 alongside rental yield of 8.23%. Five-year ROI measures 124.12% and total cumulative return in cash totals $220,924.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,712/mo property income versus a $2,648/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2000
1.09 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25309, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,296 (100%) |
| Owner Occupied HU | 3,854 (61.2%) |
| Renter Occupied HU | 1,780 (28.3%) |
| Vacant Housing Units | 662 (10.5%) |
| Median Home Value | $155,048 |
| Average Home Value | $190,559 |
Housing Distribution
Address Breakdown
Residential
5,826
Single Family
5,080
Multi-Family
746
Businesses
446
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Listed by: Ben Adkins • Old Colony
Mls Name: KVBR
Mls ID: #281402