12846 Derricks Creek RdCharlestonWV25320
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
Investment Highlights
Rental property for sale in Charleston at 12846 Derricks Creek Rd, Charleston, WV, 25320 generates $1,017/mo in rent and, after a $636/mo payment, leaves $265/mo in cash flow. Total monthly income is $1,017/mo, and annual cash flow is $3,181/yr on $43,095 invested. Return on cash invested sits at 27.29% in year one, and rental yield is 9.39% on a $130,000 entry. Equity gained on principal adds $839/yr, while 5% annual appreciation builds toward $35,917 over five years. Five-year ROI reaches 142.02% and total cumulative return in cash sums $61,203. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,017/mo property income rather than buyer’s personal income.
Manufactured
Built in 2004
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25320, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,544 (100%) |
| Owner Occupied HU | 1,756 (69.0%) |
| Renter Occupied HU | 507 (19.9%) |
| Vacant Housing Units | 281 (11.0%) |
| Median Home Value | $178,968 |
| Average Home Value | $220,038 |
Housing Distribution
Address Breakdown
Residential
2,312
Single Family
2,312
Multi-Family
0
Businesses
51
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Holly Southers • Old Colony
Mls Name: KVBR
Mls ID: #280315