402 Saddle Horn RdCharlestonWV25314
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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 402 Saddle Horn Rd, Charleston, WV, 25314 with 5% annual appreciation on a $137,900 basis while $1,038/mo rent supports operations. Total monthly income totals $1,038/mo and a $675/mo payment preserves $240/mo for cash returns. Annual cash flow comes to $2,880/yr on $45,714 deployed, and return on cash invested reaches 26.21% in year one. Equity gained on principal adds $890/yr, and five-year appreciation sums $38,099 alongside rental yield of 9.03%. Five-year ROI measures 136.21% and total cumulative return in cash totals $62,267.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,038/mo property income versus a $675/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1980
1,248 sqft 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
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