302-316 Kenova AveWayneWV25570
INVESTMENT ANALYSIS
Investment Verdict
Appreciation Play302-316 Kenova Ave, Wayne, WV, 25570 in Wayne is priced for appreciation, not yield. Rental yield 0%. At $739,000 with a 0% gross yield, the monthly income is modest, but 5% annual price growth is projected to add $204,172 in value over five years, making equity the primary return driver. Ziffy Mortgage's DSCR mortgage (0.00) can still finance this property for non-U.S. residents; a 30–35% down payment typically produces the cleanest underwriting for appreciation-focused assets. Total projected cumulative return: $3,808.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.2% |
| Monthly Cash Flow | $0 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
Multi Family
Built in 2005
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25570, Wayne, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 1,733 (65.8%) |
| Renter Occupied HU | 692 (26.3%) |
| Vacant Housing Units | 210 ( 8.0%) |
| Median Home Value | $170,335 |
| Average Home Value | $201,992 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,334
Multi-Family
93
Businesses
134
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Multi Family
Built in 2005
0.48 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25570, Wayne, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,635 (100%) |
| Owner Occupied HU | 1,733 (65.8%) |
| Renter Occupied HU | 692 (26.3%) |
| Vacant Housing Units | 210 ( 8.0%) |
| Median Home Value | $170,335 |
| Average Home Value | $201,992 |
Housing Distribution
Address Breakdown
Residential
2,427
Single Family
2,334
Multi-Family
93
Businesses
134
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Meredith Ferry • Bunch Real Estate Associates
Mls Name: HUNTMLS
Mls ID: #182267