217 Southern Woods DrSouth CharlestonWV25309
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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 South Charleston at 217 Southern Woods Dr, South Charleston, WV, 25309 priced at $620,000 converts $3,210/mo rent into after a $3,035/mo obligation. Total monthly income equals $3,210/mo. Return on cash invested prints 17.84% in year one, and rental yield reads 6.21% against a $620,000 entry. Equity gained on principal adds $4,001/yr, while 5% annual appreciation compiles into $171,295 by year five. Five-year ROI reaches 91.19% and total cumulative return in cash sums $186,003. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,210/mo property income covering a $3,035/mo payment, not borrower’s personal income.
Single Family
Built in 2006
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25309, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,296 (100%) |
| Owner Occupied HU | 3,854 (61.2%) |
| Renter Occupied HU | 1,780 (28.3%) |
| Vacant Housing Units | 662 (10.5%) |
| Median Home Value | $155,048 |
| Average Home Value | $190,559 |
Housing Distribution
Address Breakdown
Residential
5,826
Single Family
5,080
Multi-Family
746
Businesses
446
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Listed by: Emily Valenti • Realcorp LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #279163
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.