789 Echo RdSouth CharlestonWV25303
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 South Charleston at 789 Echo Rd, South Charleston, WV, 25303 offers $882/mo rent that, after a $1,299/mo payment. Total monthly income is $882/mo. Return on cash invested measures 11% in year one, and rental yield stands at 3.99% at a $265,500 entry. Equity gained on principal adds $1,713/yr while 5% annual appreciation compounds into $73,353 by year five. Five-year ROI records 54.56% and total cumulative return in cash reaches $48,016. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $882/mo property income versus a $1,299/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25303, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,403 (100%) |
| Owner Occupied HU | 2,046 (60.1%) |
| Renter Occupied HU | 963 (28.3%) |
| Vacant Housing Units | 394 (11.6%) |
| Median Home Value | $185,913 |
| Average Home Value | $219,736 |
Housing Distribution
Address Breakdown
Residential
3,267
Single Family
3,160
Multi-Family
107
Businesses
439
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Misty Harris • Old Colony
Mls Name: KVBR
Mls ID: #280364