832 Florence DrCharlestonWV25302
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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 832 Florence Dr, Charleston, WV, 25302 listed at $155,000 pairs $1,184/mo rent with a $759/mo payment to leave $152/mo cash flow. Total monthly income runs $1,184/mo, and annual cash flow reaches $1,820/yr on $51,383 cash to close. Return on cash invested measures 23.45% in year one, and rental yield registers 9.17% at a $155,000 basis. Equity gained on principal adds $1,000/yr, and annual property appreciation at 5% supports $42,824 by year five. Five-year ROI tracks 122.48% and total cumulative return in cash totals $62,932. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,184/mo property income relative to a $759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1940
5,009 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25302, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,716 (100%) |
| Owner Occupied HU | 3,727 (48.3%) |
| Renter Occupied HU | 2,665 (34.5%) |
| Vacant Housing Units | 1,324 (17.2%) |
| Median Home Value | $168,686 |
| Average Home Value | $221,501 |
Housing Distribution
Address Breakdown
Residential
7,329
Single Family
6,830
Multi-Family
499
Businesses
515
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Nearby investment properties with comparable prices
Listed by: Alanie Flanagan • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #277618
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.