867 Charlotte DrLeonWV25123
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 Leon at 867 Charlotte Dr, Leon, WV, 25123 offers $2,326/mo rent that, after a $1,904/mo payment, leaves $75/mo cash flow. Total monthly income is $2,326/mo, and annual cash flow is $902/yr on $128,954 cash. Return on cash invested measures 20.61% in year one, and rental yield stands at 7.18% at a $389,000 entry. Equity gained on principal adds $2,510/yr while 5% annual appreciation compounds into $107,474 by year five. Five-year ROI records 106.09% and total cumulative return in cash reaches $136,806. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,326/mo property income versus a $1,904/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Manufactured
Built in 2020
37.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25123, Leon, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,717 (100%) |
| Owner Occupied HU | 1,244 (72.5%) |
| Renter Occupied HU | 167 ( 9.7%) |
| Vacant Housing Units | 306 (17.8%) |
| Median Home Value | $192,161 |
| Average Home Value | $253,408 |
Housing Distribution
Address Breakdown
Residential
1,404
Single Family
1,403
Multi-Family
1
Businesses
42
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Connie King Tedrow • Runyan & Associates REALTORS
Mls Name: KVBR
Mls ID: #279735