5311 April CirCross LanesWV25313
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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 Cross Lanes at 5311 April Cir, Cross Lanes, WV, 25313 uses $79,527 cash to close to unlock $3,877/yr annual cash flow and $323/mo monthly cash flow. Total monthly income runs $1,711/mo, and a $1,174/mo payment keeps the spread at $323/mo. Purchase price stands at $239,900, and rental yield measures 8.56% with $1,711/mo rent. Return on cash invested shows 24.78% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 128.51% and total cumulative return in cash records $102,199. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,711/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in 1997
0.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25313, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,917 (100%) |
| Owner Occupied HU | 3,709 (62.7%) |
| Renter Occupied HU | 1,543 (26.1%) |
| Vacant Housing Units | 665 (11.2%) |
| Median Home Value | $200,142 |
| Average Home Value | $271,939 |
Housing Distribution
Address Breakdown
Residential
5,698
Single Family
5,276
Multi-Family
422
Businesses
312
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Listed by: Ashley Winfree • ERA Property Elite
Mls Name: KVBR
Mls ID: #281903