403 Montcalm DrCharlestonWV25302
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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 403 Montcalm Dr, Charleston, WV, 25302 with 5% annual appreciation on a $184,999 basis while $1,496/mo rent supports operations. Total monthly income totals $1,496/mo and a $905/mo payment preserves $426/mo for cash returns. Annual cash flow comes to $5,113/yr on $61,327 deployed, and return on cash invested reaches 28.25% in year one. Equity gained on principal adds $1,194/yr, and five-year appreciation sums $51,112 alongside rental yield of 9.7%. Five-year ROI measures 147.11% and total cumulative return in cash totals $90,218.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,496/mo property income versus a $905/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1993
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25302, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,716 (100%) |
| Owner Occupied HU | 3,727 (48.3%) |
| Renter Occupied HU | 2,665 (34.5%) |
| Vacant Housing Units | 1,324 (17.2%) |
| Median Home Value | $168,686 |
| Average Home Value | $221,501 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,830
Multi-Family
499
Businesses
515
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Listed by: Jessica White • Keller Williams Realty Advantage
Mls Name: KVBR
Mls ID: #280034