1876 Ellette PlCharlestonWV25311
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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 1876 Ellette Pl, Charleston, WV, 25311 uses $93,483 cash to close to unlock $20,227/yr annual cash flow and $1,686/mo monthly cash flow. Total monthly income runs $3,317/mo, and a $1,380/mo payment keeps the spread at $1,686/mo. Purchase price stands at $282,000, and rental yield measures 14.11% with $3,317/mo rent. Return on cash invested shows 41.55% in year one, and 5% annual appreciation builds toward $77,911 over five years. Five-year ROI reaches 218.35% and total cumulative return in cash records $204,121. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,317/mo property income covering a $1,380/mo payment rather than investor’s personal income.
Single Family
Built in 1958
10,454 sqft 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: Heather Jones • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #273072
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.