1301 Bridge RdCharlestonWV25314
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 1301 Bridge Rd, Charleston, WV, 25314 priced at $175,000 pairs $1,543/mo rent with $530/mo cash flow after a $857/mo payment. Total monthly income equals $1,543/mo, and annual cash flow comes to $6,360/yr on $58,013 invested. Return on cash invested is 30.87% in year one, and rental yield stands at 10.58% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 161.11% and total cumulative return in cash reaches $93,463. For financing, Ziffy Mortgage’s DSCR program evaluates $1,543/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1924
0.44 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25314, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 4,764 (69.0%) |
| Renter Occupied HU | 1,393 (20.2%) |
| Vacant Housing Units | 751 (10.9%) |
| Median Home Value | $287,954 |
| Average Home Value | $374,459 |
Housing Distribution
Address Breakdown
Residential
6,653
Single Family
6,128
Multi-Family
525
Businesses
165
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Nearby investment properties with comparable prices
Listed by: Margaret D. Hall-Evrard • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #276883
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.