424 Porter RdCharlestonWV25314
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Charleston at 424 Porter Rd, Charleston, WV, 25314 priced at $249,000 pairs $2,125/mo rent with $684/mo cash flow after a $1,219/mo payment. Total monthly income equals $2,125/mo, and annual cash flow comes to $8,208/yr on $82,544 invested. Return on cash invested is 29.85% in year one, and rental yield stands at 10.24% on a $249,000 basis. Equity gained on principal adds $1,607/yr, and 5% annual appreciation accumulates to $68,794 by year five. Five-year ROI measures 155.61% and total cumulative return in cash reaches $128,444. For financing, Ziffy Mortgage’s DSCR program evaluates $2,125/mo property income against a $1,219/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1968
0.88 Acres 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Ben Adkins • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #278677
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.