2431 Washington St WCharlestonWV25387
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 2431 Washington St W, Charleston, WV, 25387 priced at $132,500 pairs $1,883/mo rent with $1,116/mo cash flow after a $649/mo payment. Total monthly income equals $1,883/mo, and annual cash flow comes to $13,390/yr on $43,924 invested. Return on cash invested is 50.39% in year one, and rental yield stands at 17.05% on a $132,500 basis. Equity gained on principal adds $855/yr, and 5% annual appreciation accumulates to $36,607 by year five. Five-year ROI measures 265.81% and total cumulative return in cash reaches $116,756. For financing, Ziffy Mortgage’s DSCR program evaluates $1,883/mo property income against a $649/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
4,356 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 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,268
Multi-Family
141
Businesses
236
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Nearby investment properties with comparable prices
Listed by: Marie McDavid • Property Elite
Mls Name: KVBR
Mls Provider:
Mls ID: #272738
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.