602 Kanawha Ave, Nitro, WV, 25143 | $361/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Nitro at 602 Kanawha Ave, Nitro, WV, 25143 with 5% annual appreciation on a $143,000 basis while $1,188/mo rent supports operations. Total monthly income totals $1,188/mo and a $700/mo payment preserves $361/mo for cash returns. Annual cash flow comes to $4,326/yr on $47,405 deployed, and return on cash invested reaches 29.03% in year one. Equity gained on principal adds $923/yr, and five-year appreciation sums $39,508 alongside rental yield of 9.97%. Five-year ROI measures 151.31% and total cumulative return in cash totals $71,728.

Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,188/mo property income versus a $700/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Single Family

Built in 1950

N/A lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 25143, Nitro, WV area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	4,284 (100%)
Owner Occupied HU	2,428 (56.7%)
Renter Occupied HU	1,351 (31.5%)
Vacant Housing Units	505 (11.8%)
Median Home Value	$134,015
Average Home Value	$185,139