717 Chappell RdCharlestonWV25304
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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
Rental property for sale in Charleston at 717 Chappell Rd, Charleston, WV, 25304 priced at $259,000 converts $1,750/mo rent into $251/mo cash flow after a $1,268/mo obligation. Total monthly income equals $1,750/mo, and annual cash flow totals $3,013/yr on $85,859 invested. Return on cash invested prints 23.42% in year one, and rental yield reads 8.11% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 121.18% and total cumulative return in cash sums $104,044. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,750/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1949
1.14 Acres 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: Holly Weese • Old Colony
Mls Name: KVBR
Mls ID: #281180