37 Lake Shore DrCross LanesWV25313
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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 Cross Lanes at 37 Lake Shore Dr, Cross Lanes, WV, 25313 with 5% annual appreciation on a $269,000 basis while $2,495/mo rent supports operations. Total monthly income totals $2,495/mo and a $1,317/mo payment preserves $938/mo for cash returns. Annual cash flow comes to $11,258/yr on $89,174 deployed, and return on cash invested reaches 32.53% in year one. Equity gained on principal adds $1,736/yr, and five-year appreciation sums $74,320 alongside rental yield of 11.13%. Five-year ROI measures 170.05% and total cumulative return in cash totals $151,643.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,495/mo property income versus a $1,317/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25313, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,917 (100%) |
| Owner Occupied HU | 3,709 (62.7%) |
| Renter Occupied HU | 1,543 (26.1%) |
| Vacant Housing Units | 665 (11.2%) |
| Median Home Value | $200,142 |
| Average Home Value | $271,939 |
Housing Distribution
Address Breakdown
Residential
5,698
Single Family
5,276
Multi-Family
422
Businesses
312
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Listed by: Becky Bridgette • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #281432