330 Kenova AveWayneWV25570
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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 Wayne at 330 Kenova Ave, Wayne, WV, 25570 priced at $125,000 converts $965/mo rent into $242/mo cash flow after a $612/mo obligation. Total monthly income equals $965/mo, and annual cash flow totals $2,899/yr on $41,438 invested. Return on cash invested prints 26.9% in year one, and rental yield reads 9.26% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 139.89% and total cumulative return in cash sums $57,965. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $965/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1960
6,534 sqft 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
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Listed by: Travis Thompson • Century 21 Homes And Land
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180804
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.