1313 Lee St E APT 104CharlestonWV25301
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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 Charleston at 1313 Lee St E APT 104, Charleston, WV, 25301 generates $1,976/mo in rent, after a $1,468/mo payment. Total monthly income is $1,976/mo. Return on cash invested sits at 19.51% in year one, and rental yield is 7.91% on a $299,900 entry. Equity gained on principal adds $1,935/yr, while 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 101.37% and total cumulative return in cash sums $100,780. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,976/mo property income rather than buyer’s personal income.
Condo
Built in 1914
N/A lot
$N/A/sqft
$3,288 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25301, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 253 (12.5%) |
| Renter Occupied HU | 1,396 (69.0%) |
| Vacant Housing Units | 374 (18.5%) |
| Median Home Value | $206,250 |
| Average Home Value | $278,883 |
Housing Distribution
Address Breakdown
Residential
1,940
Single Family
926
Multi-Family
1,014
Businesses
945
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Listed by: Nichole Koenig • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #276440
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.