117 Memorial CirWhitley CityKY42653
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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 Whitley City at 117 Memorial Cir, Whitley City, KY, 42653 offers $2,196/mo rent that, after a $734/mo payment, leaves $1,283/mo cash flow. Total monthly income is $2,196/mo, and annual cash flow is $15,399/yr on $49,725 cash. Return on cash invested measures 50.88% in year one, and rental yield stands at 17.57% at a $150,000 entry. Equity gained on principal adds $968/yr while 5% annual appreciation compounds into $41,442 by year five. Five-year ROI records 268.85% and total cumulative return in cash reaches $133,686. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,196/mo property income versus a $734/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1980
0.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42653, Whitley City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,212 (59.4%) |
| Renter Occupied HU | 562 (27.5%) |
| Vacant Housing Units | 266 (13.0%) |
| Median Home Value | $105,423 |
| Average Home Value | $130,584 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,357
Multi-Family
0
Businesses
169
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Nearby investment properties with comparable prices
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