9 Observatory RdCharlestonWV25314
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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 9 Observatory Rd, Charleston, WV, 25314 earns $641/mo cash flow from $2,088/mo rent with a $1,224/mo payment. Total monthly income totals $2,088/mo, and annual cash flow totals $7,693/yr on $82,875 capital. ROI tracks 29.19% on current figures, and rental yield reads 10.02% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 152.15% and total cumulative return in cash sums $126,094. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,088/mo property income instead of your personal income.
Single Family
Built in 1943
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25314, Charleston, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,908 (100%) |
| Owner Occupied HU | 4,764 (69.0%) |
| Renter Occupied HU | 1,393 (20.2%) |
| Vacant Housing Units | 751 (10.9%) |
| Median Home Value | $287,954 |
| Average Home Value | $374,459 |
Housing Distribution
Address Breakdown
Residential
6,653
Single Family
6,128
Multi-Family
525
Businesses
165
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Listed by: Scott Jones • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls ID: #279170