2901 Phillips 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 2901 Phillips St, South Charleston, WV, 25303 earns $225/mo cash flow from $1,206/mo rent with a $830/mo payment. Total monthly income totals $1,206/mo, and annual cash flow totals $2,698/yr on $56,189 capital. ROI tracks 24.71% on current figures, and rental yield reads 8.54% at a $169,500 purchase. Equity gained on principal adds $1,094/yr, and 5% annual appreciation supports $46,830 over five years. Five-year ROI reaches 128.07% and total cumulative return in cash sums $71,960. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,206/mo property income instead of your personal income.
Single Family
Built in 1955
9,583 sqft 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: Joshua Allen McGrath • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #281851