873 Chester RdCharlestonWV25302
Nearby investment properties with comparable rents
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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
Rental property for sale in Charleston at 873 Chester Rd, Charleston, WV, 25302 priced at $150,000 converts $1,205/mo rent into $253/mo cash flow after a $734/mo obligation. Total monthly income equals $1,205/mo, and annual cash flow totals $3,033/yr on $49,725 invested. Return on cash invested prints 26.01% in year one, and rental yield reads 9.64% against a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation compiles into $41,442 by year five. Five-year ROI reaches 135.78% and total cumulative return in cash sums $67,518. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,205/mo property income covering a $734/mo payment, not borrower’s personal income.
Single Family
Built in 1920
2,069 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: Madeline McPhee • Riggs Commercial Realty, LLC
Mls Name: KVBR
Mls Provider:
Mls ID: #277518
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.