1231 Watts Chapel RdKennaWV25248
INVESTMENT ANALYSIS
Investment Verdict
Solid Income1231 Watts Chapel Rd, Kenna, WV, 25248 in Kenna is a solid income-producing rental, 8.74% gross yield, $1,202/mo rent, $248/mo net cash flow on a $165,000 buy. DSCR 1.62 qualifies the property for Ziffy Mortgage's financing without personal income documentation. Five-year appreciation of $45,586 and $1,520/yr in principal reduction project a total cumulative return of $78,194.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 6.2% |
| Monthly Cash Flow | $248 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,202 |
| Total Monthly Debt Service | $889 |
| DSCR Ratio | 1.35x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1982
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25248, Kenna, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 985 (77.1%) |
| Renter Occupied HU | 174 (13.6%) |
| Vacant Housing Units | 119 ( 9.3%) |
| Median Home Value | $203,866 |
| Average Home Value | $224,386 |
Housing Distribution
Address Breakdown
Residential
1,307
Single Family
1,307
Multi-Family
0
Businesses
27
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
Single Family
Built in 1982
0.59 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25248, Kenna, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,278 (100%) |
| Owner Occupied HU | 985 (77.1%) |
| Renter Occupied HU | 174 (13.6%) |
| Vacant Housing Units | 119 ( 9.3%) |
| Median Home Value | $203,866 |
| Average Home Value | $224,386 |
Housing Distribution
Address Breakdown
Residential
1,307
Single Family
1,307
Multi-Family
0
Businesses
27
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Christopher Brannon Burdette • Cunningham Realty
Mls Name: KVBR
Mls Provider:
Mls ID: #278082
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.