1310 Red Creek RdPikevilleKY41501
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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
Investment property for sale in Pikeville at 1310 Red Creek Rd, Pikeville, KY, 41501 offers a 9.15% rental yield on a $159,000 purchase with $1,212/mo rent. Total monthly income registers $1,212/mo, and a $778/mo payment leaves $245/mo available for distribution. Annual cash flow reaches $2,934/yr on $52,709 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $1,026/yr while 5% annual appreciation supports $43,929 over five years. Portfolio math shows five-year ROI at 132.59% and total cumulative return in cash at $69,888. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,212/mo property income against a $778/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1988
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41501, Pikeville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,752 (100%) |
| Owner Occupied HU | 5,995 (55.8%) |
| Renter Occupied HU | 3,332 (31.0%) |
| Vacant Housing Units | 1,425 (13.3%) |
| Median Home Value | $193,211 |
| Average Home Value | $239,119 |
Housing Distribution
Address Breakdown
Residential
9,988
Single Family
9,497
Multi-Family
491
Businesses
969
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