1600 Glen AveKenovaWV25530
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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 Kenova at 1600 Glen Ave, Kenova, WV, 25530 uses $39,780 cash to close to unlock $2,580/yr annual cash flow and $215/mo monthly cash flow. Total monthly income runs $909/mo, and a $587/mo payment keeps the spread at $215/mo. Purchase price stands at $120,000, and rental yield measures 9.09% with $909/mo rent. Return on cash invested shows 26.39% in year one, and 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 137.09% and total cumulative return in cash records $54,535. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $909/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1980
5,227 sqft 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
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Listed by: Gina Rowe • Old Colony Realtors Huntington
Mls Name: HUNTMLS
Mls ID: #182828