2982 Stone Lick RdKennaWV25248
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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
Rental property for sale in Kenna at 2982 Stone Lick Rd, Kenna, WV, 25248 generates $1,323/mo in rent and, after a $822/mo payment, leaves $351/mo in cash flow. Total monthly income is $1,323/mo, and annual cash flow is $4,214/yr on $55,692 invested. Return on cash invested sits at 27.48% in year one, and rental yield is 9.45% on a $168,000 entry. Equity gained on principal adds $1,084/yr, while 5% annual appreciation builds toward $46,415 over five years. Five-year ROI reaches 142.95% and total cumulative return in cash sums $79,613. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,323/mo property income rather than buyer’s personal income.
Manufactured
Built in 1974
1.24 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
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Listed by: Chelsea Walker • Davis Realty LLC
Mls Name: KVBR
Mls ID: #280264