318 Monroe 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
Rental property for sale in South Charleston at 318 Monroe St, South Charleston, WV, 25303 generates $1,327/mo in rent and, after a $974/mo payment, leaves $176/mo in cash flow. Total monthly income is $1,327/mo, and annual cash flow is $2,107/yr on $65,969 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 8% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 119.47% and total cumulative return in cash sums $78,810. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,327/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
4,791 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: Sara Steorts • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #279222