1416 Ravinia RdCharlestonWV25314
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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 1416 Ravinia Rd, Charleston, WV, 25314 uses $124,313 cash to close to unlock $12,284/yr annual cash flow and $1,024/mo monthly cash flow. Total monthly income runs $3,193/mo, and a $1,835/mo payment keeps the spread at $1,024/mo. Purchase price stands at $375,000, and rental yield measures 10.22% with $3,193/mo rent. Return on cash invested shows 29.79% in year one, and 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 155.3% and total cumulative return in cash records $193,059. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,193/mo property income covering a $1,835/mo payment rather than investor’s personal income.
Multi Family
Built in 1967
0.40 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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Listed by: Kresta Hill • Berkshire Hathaway HS GER
Mls Name: KVBR
Mls ID: #281475