323 McKinley AveCharlestonWV25314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 323 McKinley Ave, Charleston, WV, 25314 at $299,900 posts ROI 34.68% with $1,224/mo cash flow from $2,959/mo rent. Total monthly income equals $2,959/mo, and annual cash flow records $14,683/yr on $99,417 to close. Return on cash invested measures 34.68% and rental yield reads 11.84% at the current $299,900. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 by year five. Five-year ROI prints 181.54% and total cumulative return in cash totals $180,484.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,959/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1951
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Craig Allison • ERA Property Elite
Mls Name: KVBR
Mls ID: #279089