1324 Elmwood AveCharlestonWV25301
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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 1324 Elmwood Ave, Charleston, WV, 25301 earns $219/mo cash flow from $832/mo rent with a $519/mo payment. Total monthly income totals $832/mo, and annual cash flow totals $2,622/yr on $35,130 capital. ROI tracks 27.37% on current figures, and rental yield reads 9.42% at a $105,973 purchase. Equity gained on principal adds $684/yr, and 5% annual appreciation supports $29,278 over five years. Five-year ROI reaches 142.39% and total cumulative return in cash sums $50,023. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $832/mo property income instead of your personal income.
Townhouse
Built in 1987
N/A lot
$N/A/sqft
No 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: Anthony Runyan • Runyan & Associates REALTORS
Mls Name: KVBR
Mls ID: #281745