703 Serene DrCharlestonWV25311
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 703 Serene Dr, Charleston, WV, 25311 priced at $114,450 pairs $1,332/mo rent with $651/mo cash flow after a $560/mo payment. Total monthly income equals $1,332/mo, and annual cash flow comes to $7,812/yr on $37,940 invested. Return on cash invested is 40.5% in year one, and rental yield stands at 13.97% on a $114,450 basis. Equity gained on principal adds $739/yr, and 5% annual appreciation accumulates to $31,620 by year five. Five-year ROI measures 212.97% and total cumulative return in cash reaches $80,801. For financing, Ziffy Mortgage’s DSCR program evaluates $1,332/mo property income against a $560/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
3,920 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25311, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,441 (100%) |
| Owner Occupied HU | 2,275 (41.8%) |
| Renter Occupied HU | 2,287 (42.0%) |
| Vacant Housing Units | 879 (16.2%) |
| Median Home Value | $196,415 |
| Average Home Value | $233,108 |
Housing Distribution
Address Breakdown
Residential
4,972
Single Family
4,094
Multi-Family
878
Businesses
341
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Nearby investment properties with comparable prices
Listed by: Marie McDavid • ERA Property Elite
Mls Name: KVBR
Mls Provider:
Mls ID: #277659
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.