602 Kanawha AveNitroWV25143
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe income profile at 602 Kanawha Ave, Nitro, WV, 25143 in Nitro is straightforward: $143,000 in, $1,188/mo in rent, $361/mo out after debt service. The 9.97% gross yield and 1.85 DSCR make this exactly the kind of asset Ziffy Mortgage finances for non-U.S. residents without income documentation. Appreciation at 5%/yr adds $39,508 by year five. With $1,317/yr in principal equity, the total cumulative return is projected at $77,209.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 10% | 6.2% |
| Monthly Cash Flow | $361 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,188 |
| Total Monthly Debt Service | $771 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,854
Multi-Family
62
Businesses
351
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
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 |
Housing Distribution
Address Breakdown
Residential
3,916
Single Family
3,854
Multi-Family
62
Businesses
351
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy G. Doss • Better Homes and Gardens Real Estate Central
Mls Name: KVBR
Mls Provider:
Mls ID: #278761
Disclaimer: Copyright Kanawha Valley Board of REALTORS. All rights reserved. Information is deemed reliable but not guaranteed.