1598 Reed DrCharlestonWV25320
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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 1598 Reed Dr, Charleston, WV, 25320 earns from $1,717/mo rent with a $2,203/mo payment. Total monthly income totals $1,717/mo. ROI tracks 12.77% on current figures, and rental yield reads 4.58% at a $450,170 purchase. Equity gained on principal adds $2,905/yr, and 5% annual appreciation supports $124,374 over five years. Five-year ROI reaches 64.05% and total cumulative return in cash sums $95,579. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,717/mo property income instead of your personal income.
Single Family
Built in 1997
2.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25320, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,544 (100%) |
| Owner Occupied HU | 1,756 (69.0%) |
| Renter Occupied HU | 507 (19.9%) |
| Vacant Housing Units | 281 (11.0%) |
| Median Home Value | $178,968 |
| Average Home Value | $220,038 |
Housing Distribution
Address Breakdown
Residential
2,312
Single Family
2,312
Multi-Family
0
Businesses
51
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Listed by: Tammy G. Doss • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #279149