59 Vealey LnKennaWV25248
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
Investment Highlights
Investment property for sale in Kenna at 59 Vealey Ln, Kenna, WV, 25248 uses $101,108 cash to close to unlock $1,141/yr annual cash flow and $95/mo monthly cash flow. Total monthly income runs $1,860/mo, and a $1,493/mo payment keeps the spread at $95/mo. Purchase price stands at $305,000, and rental yield measures 7.32% with $1,860/mo rent. Return on cash invested shows 21.04% in year one, and 5% annual appreciation builds toward $84,266 over five years. Five-year ROI reaches 108.39% and total cumulative return in cash records $109,594. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,860/mo property income covering a $1,493/mo payment rather than investor’s personal income.
Single Family
Built in 1915
2.20 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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Nearby investment properties with comparable prices
Listed by: Justin Johnson • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #279332
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.