115 Kelly StEvartsKY40828
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
Rental property for sale in Evarts at 115 Kelly St, Evarts, KY, 40828 priced at $199,500 converts $1,721/mo rent into $507/mo cash flow after a $976/mo obligation. Total monthly income equals $1,721/mo, and annual cash flow totals $6,087/yr on $66,134 invested. Return on cash invested prints 29.11% in year one, and rental yield reads 10.35% against a $199,500 entry. Equity gained on principal adds $1,287/yr, while 5% annual appreciation compiles into $55,118 by year five. Five-year ROI reaches 152.12% and total cumulative return in cash sums $100,603. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,721/mo property income covering a $976/mo payment, not borrower’s personal income.
Single Family
Built in 1950
0.98 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40828, Evarts, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,847 (100%) |
| Owner Occupied HU | 1,233 (66.8%) |
| Renter Occupied HU | 378 (20.5%) |
| Vacant Housing Units | 236 (12.8%) |
| Median Home Value | $74,188 |
| Average Home Value | $103,800 |
Housing Distribution
Address Breakdown
Residential
995
Single Family
995
Multi-Family
0
Businesses
48
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices