308 Charles CtHurricaneWV25526
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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 Hurricane at 308 Charles Ct, Hurricane, WV, 25526 offers a 9.33% rental yield on a $162,000 purchase with $1,260/mo rent. Total monthly income registers $1,260/mo, and a $793/mo payment leaves $323/mo available for distribution. Annual cash flow reaches $3,871/yr on $53,703 to close, and return on cash invested stands at 27.12% in year one. Equity gained on principal adds $1,045/yr while 5% annual appreciation supports $44,758 over five years. Portfolio math shows five-year ROI at 141.01% and total cumulative return in cash at $75,725. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,260/mo property income against a $793/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Townhouse
Built in 1972
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25526, Hurricane, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,752 (100%) |
| Owner Occupied HU | 7,198 (73.8%) |
| Renter Occupied HU | 1,947 (20.0%) |
| Vacant Housing Units | 607 ( 6.2%) |
| Median Home Value | $255,492 |
| Average Home Value | $280,442 |
Housing Distribution
Address Breakdown
Residential
9,327
Single Family
9,165
Multi-Family
162
Businesses
852
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Listed by: Drema Davis • Old Colony
Mls Name: KVBR
Mls ID: #280875