1545 Mount Vernon RdCharlestonWV25314
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
Investment Highlights
Investment property for sale in Charleston at 1545 Mount Vernon Rd, Charleston, WV, 25314 with 5% annual appreciation on a $270,500 basis while $3,185/mo rent supports operations. Total monthly income totals $3,185/mo and a $1,324/mo payment preserves $1,390/mo for cash returns. Annual cash flow comes to $16,679/yr on $89,671 deployed, and return on cash invested reaches 38.51% in year one. Equity gained on principal adds $1,745/yr, and five-year appreciation sums $74,734 alongside rental yield of 14.13%. Five-year ROI measures 203.16% and total cumulative return in cash totals $182,174.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,185/mo property income versus a $1,324/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
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.