1526 Trace Fork RdCharlestonWV25309
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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
Investment property for sale in Charleston at 1526 Trace Fork Rd, Charleston, WV, 25309 offers a 9.37% rental yield on a $199,900 purchase with $1,561/mo rent. Total monthly income registers $1,561/mo, and a $978/mo payment leaves $405/mo available for distribution. Annual cash flow reaches $4,857/yr on $66,267 to close, and return on cash invested stands at 27.24% in year one. Equity gained on principal adds $1,290/yr while 5% annual appreciation supports $55,229 over five years. Portfolio math shows five-year ROI at 141.63% and total cumulative return in cash at $93,853. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,561/mo property income against a $978/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1959
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25309, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,296 (100%) |
| Owner Occupied HU | 3,854 (61.2%) |
| Renter Occupied HU | 1,780 (28.3%) |
| Vacant Housing Units | 662 (10.5%) |
| Median Home Value | $155,048 |
| Average Home Value | $190,559 |
Housing Distribution
Address Breakdown
Residential
5,826
Single Family
5,080
Multi-Family
746
Businesses
446
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Listed by: Kim Wade • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #275841
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.