303 Hunters Ridge RdCharlestonWV25314
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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 303 Hunters Ridge Rd, Charleston, WV, 25314 offers a 14.5% rental yield on a $165,000 purchase with $1,994/mo rent. Total monthly income registers $1,994/mo, and a $808/mo payment leaves $1,039/mo available for distribution. Annual cash flow reaches $12,467/yr on $54,698 to close, and return on cash invested stands at 42.7% in year one. Equity gained on principal adds $1,065/yr while 5% annual appreciation supports $45,586 over five years. Portfolio math shows five-year ROI at 224.54% and total cumulative return in cash at $122,819. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,994/mo property income against a $808/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1978
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25314, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 4,764 (69.0%) |
| Renter Occupied HU | 1,393 (20.2%) |
| Vacant Housing Units | 751 (10.9%) |
| Median Home Value | $287,954 |
| Average Home Value | $374,459 |
Housing Distribution
Address Breakdown
Residential
6,653
Single Family
6,128
Multi-Family
525
Businesses
165
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Listed by: Connie King Tedrow • Runyan & Associates REALTORS
Mls Name: KVBR
Mls ID: #278068