611 Grant StCharlestonWV25302
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 611 Grant St, Charleston, WV, 25302 offers $1,012/mo rent that, after a $827/mo payment, leaves $34/mo cash flow. Total monthly income is $1,012/mo, and annual cash flow is $412/yr on $56,024 cash. Return on cash invested measures 20.64% in year one, and rental yield stands at 7.19% at a $169,000 entry. Equity gained on principal adds $1,091/yr while 5% annual appreciation compounds into $46,692 by year five. Five-year ROI records 106.3% and total cumulative return in cash reaches $59,551. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,012/mo property income versus a $827/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
4,791 sqft 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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Nearby investment properties with comparable prices
Listed by: Melody Jordan • Berkshire Hathaway HS GER
Mls Name: KVBR
Mls Provider:
Mls ID: #277697
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.