6510 Roosevelt AveCharlestonWV25304
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 6510 Roosevelt Ave, Charleston, WV, 25304 priced at $329,000 pairs $2,545/mo rent with $642/mo cash flow after a $1,610/mo payment. Total monthly income equals $2,545/mo, and annual cash flow comes to $7,700/yr on $109,064 invested. Return on cash invested is 26.97% in year one, and rental yield stands at 9.28% on a $329,000 basis. Equity gained on principal adds $2,123/yr, and 5% annual appreciation accumulates to $90,897 by year five. Five-year ROI measures 140.17% and total cumulative return in cash reaches $152,877. For financing, Ziffy Mortgage’s DSCR program evaluates $2,545/mo property income against a $1,610/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1946
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25304, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,051 (100%) |
| Owner Occupied HU | 2,230 (55.0%) |
| Renter Occupied HU | 1,332 (32.9%) |
| Vacant Housing Units | 489 (12.1%) |
| Median Home Value | $265,283 |
| Average Home Value | $351,439 |
Housing Distribution
Address Breakdown
Residential
3,935
Single Family
3,489
Multi-Family
446
Businesses
484
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Listed by: Marlein Habash • Fathom Realty LLC
Mls Name: KVBR
Mls ID: #281018