1545 Mount Vernon RdCharlestonWV25314
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 1545 Mount Vernon Rd, Charleston, WV, 25314 in Charleston speaks for itself: 14.13% gross on a $270,500 price, generating $3,185/mo in rent and $1,390/mo in net income after the $1,216/mo debt service. DSCR 2.62, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $16,677 stacks alongside $74,734 in projected five-year appreciation and $2,491/yr in principal reduction. Projected total cumulative return: $192,553.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 14.1% | 9.8% |
| Monthly Cash Flow | $1,390 | $425 |
City averages based on Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $3,185 |
| Total Monthly Debt Service | $1,687 |
| DSCR Ratio | 1.89x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1973
N/A 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
Nearby investment properties with comparable rents
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
Single Family
Built in 1973
N/A 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Margo H. Teeter • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #273858
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.