3516 Washington St WCharlestonWV25387
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 3516 Washington St W, Charleston, WV, 25387 listed at $109,990 pairs $829/mo rent with a $538/mo payment to leave $193/mo cash flow. Total monthly income runs $829/mo, and annual cash flow reaches $2,315/yr on $36,462 cash to close. Return on cash invested measures 26.26% in year one, and rental yield registers 9.04% at a $109,990 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,388 by year five. Five-year ROI tracks 136.34% and total cumulative return in cash totals $49,712. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $829/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25387, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,892 (100%) |
| Owner Occupied HU | 1,291 (44.6%) |
| Renter Occupied HU | 1,096 (37.9%) |
| Vacant Housing Units | 505 (17.5%) |
| Median Home Value | $98,247 |
| Average Home Value | $166,882 |
Housing Distribution
Address Breakdown
Residential
2,409
Single Family
2,268
Multi-Family
141
Businesses
236
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Adam Runyan • Runyan & Associates REALTORS
Mls Name: KVBR
Mls ID: #279362