2349 Docks Creek RdKenovaWV25530
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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 2349 Docks Creek Rd, Kenova, WV, 25530 listed at $187,000 pairs $1,627/mo rent with a $915/mo payment to leave $545/mo cash flow. Total monthly income runs $1,627/mo, and annual cash flow reaches $6,543/yr on $61,991 cash to close. Return on cash invested measures 30.46% in year one, and rental yield registers 10.44% at a $187,000 basis. Equity gained on principal adds $1,207/yr, and annual property appreciation at 5% supports $51,665 by year five. Five-year ROI tracks 158.98% and total cumulative return in cash totals $98,550. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,627/mo property income relative to a $915/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
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
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Listed by: Christy Gilkerson • Selling WV-Real Estate Profess
Mls Name: KVBR
Mls ID: #279891