814 Cross Lanes Dr #816CharlestonWV25313
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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 Charleston at 814 Cross Lanes Dr #816, Charleston, WV, 25313 listed at $459,900 pairs $1,117/mo rent with a $2,251/mo payment. Total monthly income runs $1,117/mo. Return on cash invested measures 7.76% in year one, and rental yield registers 2.91% at a $459,900 basis. Equity gained on principal adds $2,968/yr, and annual property appreciation at 5% supports $127,062 by year five. Five-year ROI tracks 37.13% and total cumulative return in cash totals $56,610. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,117/mo property income relative to a $2,251/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1960
0.48 Acres 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: Suzette Pate • RE/MAX Clarity
Mls Name: KVBR
Mls ID: #280567