508 Thompson StCharlestonWV25311
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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 508 Thompson St, Charleston, WV, 25311 listed at $149,000 pairs $1,735/mo rent with a $729/mo payment to leave $839/mo cash flow. Total monthly income runs $1,735/mo, and annual cash flow reaches $10,069/yr on $49,394 cash to close. Return on cash invested measures 40.3% in year one, and rental yield registers 13.97% at a $149,000 basis. Equity gained on principal adds $961/yr, and annual property appreciation at 5% supports $41,166 by year five. Five-year ROI tracks 212.05% and total cumulative return in cash totals $104,740. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,735/mo property income relative to a $729/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2009
3,484 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25311, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 2,275 (41.8%) |
| Renter Occupied HU | 2,287 (42.0%) |
| Vacant Housing Units | 879 (16.2%) |
| Median Home Value | $196,415 |
| Average Home Value | $233,108 |
Housing Distribution
Address Breakdown
Residential
4,972
Single Family
4,094
Multi-Family
878
Businesses
341
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Listed by: Natalie Gritt • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #275379
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.