804 Lakeview DrCross LanesWV25313
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 Cross Lanes at 804 Lakeview Dr, Cross Lanes, WV, 25313 priced at $147,000 converts $1,137/mo rent into $287/mo cash flow after a $719/mo obligation. Total monthly income equals $1,137/mo, and annual cash flow totals $3,443/yr on $48,731 invested. Return on cash invested prints 26.97% in year one, and rental yield reads 9.28% against a $147,000 entry. Equity gained on principal adds $949/yr, while 5% annual appreciation compiles into $40,613 by year five. Five-year ROI reaches 140.22% and total cumulative return in cash sums $68,328. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,137/mo property income covering a $719/mo payment, not borrower’s personal income.
Townhouse
Built in 1990
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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Nearby investment properties with comparable prices
Listed by: Cheryl L. Dawson • The RPC Group LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #279482
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.