7 Monterey LnCross 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 7 Monterey Ln, Cross Lanes, WV, 25313 listed at $300,000 pairs $2,452/mo rent with a $1,468/mo payment to leave $717/mo cash flow. Total monthly income runs $2,452/mo, and annual cash flow reaches $8,598/yr on $99,450 cash to close. Return on cash invested measures 28.55% in year one, and rental yield registers 9.81% at a $300,000 basis. Equity gained on principal adds $1,936/yr, and annual property appreciation at 5% supports $82,884 by year five. Five-year ROI tracks 148.71% and total cumulative return in cash totals $147,888. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,452/mo property income relative to a $1,468/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1988
N/A 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: Christina Pepper • Berkshire Hathaway HS GER
Mls Name: KVBR
Mls ID: #279794