2624 Larwood DrCharlestonWV25302
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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 Charleston at 2624 Larwood Dr, Charleston, WV, 25302 with 5% annual appreciation on a $395,000 basis while $3,160/mo rent supports operations. Total monthly income totals $3,160/mo and a $1,933/mo payment preserves $875/mo for cash returns. Annual cash flow comes to $10,498/yr on $130,943 deployed, and return on cash invested reaches 27.93% in year one. Equity gained on principal adds $2,549/yr, and five-year appreciation sums $109,131 alongside rental yield of 9.6%. Five-year ROI measures 145.31% and total cumulative return in cash totals $190,266.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $3,160/mo property income versus a $1,933/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
7,405 sqft 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 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,830
Multi-Family
499
Businesses
515
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Listed by: Emily Valenti • Realcorp LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #278011
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.