241 Mayer Dr, Charleston, WV, 25302 | $308/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

Investment property for sale in Charleston at 241 Mayer Dr, Charleston, WV, 25302 listed at $225,500 pairs $1,613/mo rent with a $1,104/mo payment to leave $308/mo cash flow. Total monthly income runs $1,613/mo, and annual cash flow reaches $3,695/yr on $74,753 cash to close. Return on cash invested measures 24.85% in year one, and rental yield registers 8.58% at a $225,500 basis. Equity gained on principal adds $1,455/yr, and annual property appreciation at 5% supports $62,301 by year five. Five-year ROI tracks 128.8% and total cumulative return in cash totals $96,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,613/mo property income relative to a $1,104/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1984

0.93 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 25302, Charleston, WV area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	7,716 (100%)
Owner Occupied HU	3,727 (48.3%)
Renter Occupied HU	2,665 (34.5%)
Vacant Housing Units	1,324 (17.2%)
Median Home Value	$168,686
Average Home Value	$221,501