424 Charles StGlenvilleWV26351
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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 Glenville at 424 Charles St, Glenville, WV, 26351 priced at $184,900 converts $1,244/mo rent into $174/mo cash flow after a $905/mo obligation. Total monthly income equals $1,244/mo, and annual cash flow totals $2,090/yr on $61,294 invested. Return on cash invested prints 23.32% in year one, and rental yield reads 8.07% against a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation compiles into $51,084 by year five. Five-year ROI reaches 120.69% and total cumulative return in cash sums $73,975. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,244/mo property income covering a $905/mo payment, not borrower’s personal income.
Single Family
Built in 1950
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 26351, Glenville, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,413 (100%) |
| Owner Occupied HU | 717 (50.7%) |
| Renter Occupied HU | 452 (32.0%) |
| Vacant Housing Units | 244 (17.3%) |
| Median Home Value | $99,700 |
| Average Home Value | $136,813 |
Housing Distribution
Address Breakdown
Residential
1,296
Single Family
1,280
Multi-Family
16
Businesses
173
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Listed by: Bryan Groves • Central WV Real Estate, LLC
Mls Name: My State MLS
Mls ID: #11563829