692 Gordon DrCharlestonWV25314
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 692 Gordon Dr, Charleston, WV, 25314 offers $1,816/mo rent that, after a $928/mo payment, leaves $685/mo cash flow. Total monthly income is $1,816/mo, and annual cash flow is $8,225/yr on $62,819 cash. Return on cash invested measures 33% in year one, and rental yield stands at 11.5% at a $189,500 entry. Equity gained on principal adds $1,223/yr while 5% annual appreciation compounds into $52,355 by year five. Five-year ROI records 172.8% and total cumulative return in cash reaches $108,551. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,816/mo property income versus a $928/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1957
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25314, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 4,764 (69.0%) |
| Renter Occupied HU | 1,393 (20.2%) |
| Vacant Housing Units | 751 (10.9%) |
| Median Home Value | $287,954 |
| Average Home Value | $374,459 |
Housing Distribution
Address Breakdown
Residential
6,653
Single Family
6,128
Multi-Family
525
Businesses
165
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Listed by: Keith Hare • Joe R. Pyle Complete Auction and Realty Service
Mls Name: My State MLS
Mls ID: #11429226