1863 Oakridge DrCharlestonWV25311
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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
Rental property for sale in Charleston at 1863 Oakridge Dr, Charleston, WV, 25311 priced at $844,900 pairs $1,140/mo rent with after a $4,135/mo payment. Total monthly income equals $1,140/mo. Return on cash invested is 0.09% in year one, and rental yield stands at 1.62% on a $844,900 basis. Equity gained on principal adds $5,452/yr, and 5% annual appreciation accumulates to $233,430 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $1,140/mo property income against a $4,135/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1980
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25311, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 2,275 (41.8%) |
| Renter Occupied HU | 2,287 (42.0%) |
| Vacant Housing Units | 879 (16.2%) |
| Median Home Value | $196,415 |
| Average Home Value | $233,108 |
Housing Distribution
Address Breakdown
Residential
4,972
Single Family
4,094
Multi-Family
878
Businesses
341
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Listed by: N/A • N/A
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