840 Glendale Ave SSouth CharlestonWV25303
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 840 Glendale Ave S, South Charleston, WV, 25303 in South Charleston speaks for itself: 11.61% gross on a $165,500 price, generating $1,601/mo in rent and $643/mo in net income after the $744/mo debt service. DSCR 2.15, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $7,718 stacks alongside $45,725 in projected five-year appreciation and $1,524/yr in principal reduction. Projected total cumulative return: $103,906.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.8% |
| Monthly Cash Flow | $643 | $320 |
City averages based on South Charleston market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,601 |
| Total Monthly Debt Service | $892 |
| DSCR Ratio | 1.80x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1951
8,712 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
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
Single Family
Built in 1951
8,712 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: Adam Lindell • Cornerstone Realty, LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #277508