1506 Knob Rd, Charleston, WV, 25314 | $1,167/mo Cash Flow

Sold

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
3 Bath
1848 sft

240 Oakmont Dr, Poca, WV, 25159

4 Bed
3 Bath
3100 sft

266 Oakwood Rd, Charleston, WV, 25314

4 Bed
2 Bath
1891 sft

4921 Chesterfield Ave, Charleston, WV, 25304

4 Bed
3 Bath
2317 sft

5 Rolling Oaks Ests, Saint Albans, WV, 25177

Nearby investment properties with comparable prices

Currently Rented+ 2 more

2 Bed
2 Bath
2716 sft

712 Childress Rd, South Charleston, WV, 25309

3 Bed
2 Bath
1596 sft

5208 Bethany Dr, Charleston, WV, 25313

3 Bed
3 Bath
1798 sft

47 Jannette Dr, Poca, WV, 25159

4 Bed
2 Bath
1985 sft

2 Arlington Ct, Charleston, WV, 25301

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Charleston at 1506 Knob Rd, Charleston, WV, 25314 uses $81,881 cash to close to unlock $14,009/yr annual cash flow and $1,167/mo monthly cash flow. Total monthly income runs $2,629/mo, and a $1,209/mo payment keeps the spread at $1,167/mo. Purchase price stands at $247,000, and rental yield measures 12.77% with $2,629/mo rent. Return on cash invested shows 37.02% in year one, and 5% annual appreciation builds toward $68,242 over five years. Five-year ROI reaches 194.26% and total cumulative return in cash records $159,064. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,629/mo property income covering a $1,209/mo payment rather than investor’s personal income.

Single Family

Built in 1960

9,147 sqft 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