1724 Sugar Creek DrCharlestonWV25387
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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 1724 Sugar Creek Dr, Charleston, WV, 25387 uses $79,229 cash to close to unlock $2,903/yr annual cash flow and $242/mo monthly cash flow. Total monthly income runs $1,625/mo, and a $1,170/mo payment keeps the spread at $242/mo. Purchase price stands at $239,000, and rental yield measures 8.16% with $1,625/mo rent. Return on cash invested shows 23.57% in year one, and 5% annual appreciation builds toward $66,031 over five years. Five-year ROI reaches 121.97% and total cumulative return in cash records $96,636. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,625/mo property income covering a $1,170/mo payment rather than investor’s personal income.
Single Family
Built in 1997
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25387, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,291 (44.6%) |
| Renter Occupied HU | 1,096 (37.9%) |
| Vacant Housing Units | 505 (17.5%) |
| Median Home Value | $98,247 |
| Average Home Value | $166,882 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,268
Multi-Family
141
Businesses
236
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Listed by: Drema Davis • Old Colony
Mls Name: KVBR
Mls ID: #281676