2029 Scraggs Dr #A, Charleston, WV, 25387 | $670/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Charleston at 2029 Scraggs Dr #A, Charleston, WV, 25387 priced at $150,000 converts $1,538/mo rent into $670/mo cash flow after a $734/mo obligation. Total monthly income equals $1,538/mo, and annual cash flow totals $8,043/yr on $49,725 invested. Return on cash invested prints 36.08% in year one, and rental yield reads 12.3% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 189.14% and total cumulative return in cash sums $94,050. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,538/mo property income covering a $734/mo payment, not borrower’s personal income.

Single Family

Built in 1972

3,746 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