1235 Ira Wright RdSummersvilleKY42782
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayInvestors who prioritise long-run asset value over immediate income should consider 1235 Ira Wright Rd, Summersville, KY, 42782 in Summersville. Rental yield 0%. At $595,000 with 0% gross yield, current distributions are modest, but the 5% appreciation rate projects $164,388 in new equity by year five, complemented by $5,480/yr in principal paydown. Ziffy Mortgage's DSCR loan (0.00) allows non-U.S. residents to acquire without W-2s or domestic credit.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 6.8% |
| Monthly Cash Flow | $0 | $350 |
City averages based on Summersville market data in our database. Property projections are estimates.
Single Family
Built in 2011
53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42782, Summersville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 387 (100%) |
| Owner Occupied HU | 278 (71.8%) |
| Renter Occupied HU | 57 (14.7%) |
| Vacant Housing Units | 52 (13.4%) |
| Median Home Value | $141,667 |
| Average Home Value | $178,642 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 2011
53 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42782, Summersville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 387 (100%) |
| Owner Occupied HU | 278 (71.8%) |
| Renter Occupied HU | 57 (14.7%) |
| Vacant Housing Units | 52 (13.4%) |
| Median Home Value | $141,667 |
| Average Home Value | $178,642 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Jackie Willis Denton • EXIT REALTY BLUEGRASS
Mls Name: HKMLS
Mls ID: #HK25004605