116 W Pierson StFredoniaKY42411
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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 Fredonia at 116 W Pierson St, Fredonia, KY, 42411 with 5% annual appreciation on a $155,000 basis while $1,259/mo rent supports operations. Total monthly income totals $1,259/mo and a $759/mo payment preserves $315/mo for cash returns. Annual cash flow comes to $3,783/yr on $51,383 deployed, and return on cash invested reaches 27.27% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.75%. Five-year ROI measures 142.28% and total cumulative return in cash totals $73,108.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,259/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42411, Fredonia, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 682 (100%) |
| Owner Occupied HU | 524 (76.8%) |
| Renter Occupied HU | 63 ( 9.2%) |
| Vacant Housing Units | 95 (13.9%) |
| Median Home Value | $157,018 |
| Average Home Value | $215,892 |
Housing Distribution
Address Breakdown
Residential
717
Single Family
717
Multi-Family
0
Businesses
49
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