3612 Staunton Ave SE #BCharlestonWV25304
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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 Charleston at 3612 Staunton Ave SE #B, Charleston, WV, 25304 priced at $350,000 converts $2,867/mo rent into $842/mo cash flow after a $1,713/mo obligation. Total monthly income equals $2,867/mo, and annual cash flow totals $10,103/yr on $116,025 invested. Return on cash invested prints 28.62% in year one, and rental yield reads 9.83% against a $350,000 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation compiles into $96,699 by year five. Five-year ROI reaches 149% and total cumulative return in cash sums $172,874. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,867/mo property income covering a $1,713/mo payment, not borrower’s personal income.
Condo
Built in 1995
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25304, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,051 (100%) |
| Owner Occupied HU | 2,230 (55.0%) |
| Renter Occupied HU | 1,332 (32.9%) |
| Vacant Housing Units | 489 (12.1%) |
| Median Home Value | $265,283 |
| Average Home Value | $351,439 |
Housing Distribution
Address Breakdown
Residential
3,935
Single Family
3,489
Multi-Family
446
Businesses
484
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Listed by: Judy A. Boggess • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #275806
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.