207 Norton AveCharlestonWV25311
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 207 Norton Ave, Charleston, WV, 25311 offers $1,255/mo rent that, after a $650/mo payment, leaves $486/mo cash flow. Total monthly income is $1,255/mo, and annual cash flow is $5,838/yr on $44,056 cash. Return on cash invested measures 33.16% in year one, and rental yield stands at 11.33% at a $132,900 entry. Equity gained on principal adds $858/yr while 5% annual appreciation compounds into $36,718 by year five. Five-year ROI records 173.4% and total cumulative return in cash reaches $76,393. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,255/mo property income versus a $650/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1987
0.86 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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Nearby investment properties with comparable prices
Listed by: Linda Faye Evans • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #276977
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.