816 Chestnut StKenovaWV25530
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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 Kenova at 816 Chestnut St, Kenova, WV, 25530 offers $1,150/mo rent that, after a $1,096/mo payment. Total monthly income is $1,150/mo. Return on cash invested measures 17.55% in year one, and rental yield stands at 6.16% at a $224,000 entry. Equity gained on principal adds $1,445/yr while 5% annual appreciation compounds into $61,887 by year five. Five-year ROI records 89.73% and total cumulative return in cash reaches $66,631. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,150/mo property income versus a $1,096/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 25530, Kenova, WV area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,797 (100%) |
| Owner Occupied HU | 1,804 (64.5%) |
| Renter Occupied HU | 681 (24.3%) |
| Vacant Housing Units | 312 (11.2%) |
| Median Home Value | $150,887 |
| Average Home Value | $178,512 |
Housing Distribution
Address Breakdown
Residential
2,520
Single Family
2,440
Multi-Family
80
Businesses
194
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Listed by: Brandilyn Davis • Great American Realty
Mls Name: HUNTMLS
Mls Provider:
Mls ID: #180871
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.