6907 Heritage WayCharlestonWV25312
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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 6907 Heritage Way, Charleston, WV, 25312 uses $38,123 cash to close to unlock $1,068/yr annual cash flow and $89/mo monthly cash flow. Total monthly income runs $886/mo, and a $563/mo payment keeps the spread at $89/mo. Purchase price stands at $115,000, and rental yield measures 9.25% with $886/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 118.82% and total cumulative return in cash records $45,297. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $886/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1969
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25312, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,890 (100%) |
| Owner Occupied HU | 2,836 (72.9%) |
| Renter Occupied HU | 641 (16.5%) |
| Vacant Housing Units | 413 (10.6%) |
| Median Home Value | $164,303 |
| Average Home Value | $192,789 |
Housing Distribution
Address Breakdown
Residential
3,586
Single Family
3,586
Multi-Family
0
Businesses
129
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Listed by: Taylor Ramsey • Joe R. Pyle Complete Auction and Realty Service
Mls Name: My State MLS
Mls ID: #11433341