814 Virginia St E #12CharlestonWV25301
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
Investment property for sale in Charleston at 814 Virginia St E #12, Charleston, WV, 25301 offers a 7.77% rental yield on a $190,950 purchase with $1,237/mo rent. Total monthly income registers $1,237/mo, and a $935/mo payment leaves $5/mo available for distribution. Annual cash flow reaches $59/yr on $63,300 to close, and return on cash invested stands at 20% in year one. Equity gained on principal adds $1,232/yr while 5% annual appreciation supports $52,756 over five years. Portfolio math shows five-year ROI at 103.66% and total cumulative return in cash at $65,615. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,237/mo property income against a $935/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 1890
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25301, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,023 (100%) |
| Owner Occupied HU | 253 (12.5%) |
| Renter Occupied HU | 1,396 (69.0%) |
| Vacant Housing Units | 374 (18.5%) |
| Median Home Value | $206,250 |
| Average Home Value | $278,883 |
Housing Distribution
Address Breakdown
Residential
1,940
Single Family
926
Multi-Family
1,014
Businesses
945
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Listed by: Natalie Cowley • Old Colony
Mls Name: KVBR
Mls Provider:
Mls ID: #265129
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.