2516 Spring StSouth CharlestonWV25303
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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
Investment property for sale in South Charleston at 2516 Spring St, South Charleston, WV, 25303 listed at $225,000 pairs $2,052/mo rent with a $1,101/mo payment to leave $750/mo cash flow. Total monthly income runs $2,052/mo, and annual cash flow reaches $9,005/yr on $74,588 cash to close. Return on cash invested measures 31.98% in year one, and rental yield registers 10.94% at a $225,000 basis. Equity gained on principal adds $1,452/yr, and annual property appreciation at 5% supports $62,163 by year five. Five-year ROI tracks 167.09% and total cumulative return in cash totals $124,629. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,052/mo property income relative to a $1,101/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in N/A
1.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25303, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 2,046 (60.1%) |
| Renter Occupied HU | 963 (28.3%) |
| Vacant Housing Units | 394 (11.6%) |
| Median Home Value | $185,913 |
| Average Home Value | $219,736 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,160
Multi-Family
107
Businesses
439
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Listed by: Elishua Brown • Berkshire Hathaway Home Services Professional Real
Mls Name: KVBR
Mls ID: #281762