1016 Walnut StKenovaWV25530
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 Kenova at 1016 Walnut St, Kenova, WV, 25530 offers $1,122/mo rent that, after a $891/mo payment, leaves $69/mo cash flow. Total monthly income is $1,122/mo, and annual cash flow is $825/yr on $60,333 cash. Return on cash invested measures 21.28% in year one, and rental yield stands at 7.4% at a $182,000 entry. Equity gained on principal adds $1,174/yr while 5% annual appreciation compounds into $50,283 by year five. Five-year ROI records 109.67% and total cumulative return in cash reaches $66,165. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,122/mo property income versus a $891/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1950
1.53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25530, Kenova, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,804 (64.5%) |
| Renter Occupied HU | 681 (24.3%) |
| Vacant Housing Units | 312 (11.2%) |
| Median Home Value | $150,887 |
| Average Home Value | $178,512 |
Housing Distribution
Address Breakdown
Residential
2,520
Single Family
2,440
Multi-Family
80
Businesses
194
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A