113 Kanawha AveNitroWV25143
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 Nitro at 113 Kanawha Ave, Nitro, WV, 25143 priced at $189,900 pairs $1,614/mo rent with $516/mo cash flow after a $929/mo payment. Total monthly income equals $1,614/mo, and annual cash flow comes to $6,188/yr on $62,952 invested. Return on cash invested is 29.74% in year one, and rental yield stands at 10.2% on a $189,900 basis. Equity gained on principal adds $1,225/yr, and 5% annual appreciation accumulates to $52,466 by year five. Five-year ROI measures 155.02% and total cumulative return in cash reaches $97,589. For financing, Ziffy Mortgage’s DSCR program evaluates $1,614/mo property income against a $929/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
4,051 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25143, Nitro, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,284 (100%) |
| Owner Occupied HU | 2,428 (56.7%) |
| Renter Occupied HU | 1,351 (31.5%) |
| Vacant Housing Units | 505 (11.8%) |
| Median Home Value | $134,015 |
| Average Home Value | $185,139 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,854
Multi-Family
62
Businesses
351
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Listed by: Lindsay Emswiler • Old Colony
Mls Name: KVBR
Mls ID: #280847