3918 Washington Ave SECharlestonWV25304
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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 Charleston at 3918 Washington Ave SE, Charleston, WV, 25304 uses $78,897 cash to close to unlock $1,269/yr annual cash flow and $106/mo monthly cash flow. Total monthly income runs $1,483/mo, and a $1,165/mo payment keeps the spread at $106/mo. Purchase price stands at $238,000, and rental yield measures 7.48% with $1,483/mo rent. Return on cash invested shows 21.52% in year one, and 5% annual appreciation builds toward $65,755 over five years. Five-year ROI reaches 110.95% and total cumulative return in cash records $87,538. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,483/mo property income covering a $1,165/mo payment rather than investor’s personal income.
Single Family
Built in 1942
1.38 Acres 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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