2349 Docks Creek RdKenovaWV25530
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowStrong cash flow defines 2349 Docks Creek Rd, Kenova, WV, 25530 in Kenova: $1,627/mo in rent, $545/mo net, 10.44% gross yield, all on a $187,000 acquisition. The 1.93 coverage ratio comfortably clears Ziffy Mortgage's threshold, enabling foreign-national buyers to close without U.S. credit documentation. Over five years, 5% appreciation adds $51,665 in value, and $1,722/yr in principal paydown steadily builds equity. Projected total cumulative return: $105,686.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10.4% | 6.2% |
| Monthly Cash Flow | $545 | $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 | $1,627 |
| Total Monthly Debt Service | $1,008 |
| DSCR Ratio | 1.61x |
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 N/A
5.10 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
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 N/A
5.10 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: Christy Gilkerson • Selling WV-Real Estate Profess
Mls Name: KVBR
Mls ID: #279891