1320 Riverside DrPrestonsburgKY41653
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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 Prestonsburg at 1320 Riverside Dr, Prestonsburg, KY, 41653 listed at $182,000 pairs $840/mo rent with a $891/mo payment. Total monthly income runs $840/mo. Return on cash invested measures 14.58% in year one, and rental yield registers 5.54% at a $182,000 basis. Equity gained on principal adds $1,174/yr, and annual property appreciation at 5% supports $50,283 by year five. Five-year ROI tracks 74.2% and total cumulative return in cash totals $44,769. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $840/mo property income relative to a $891/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1960
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41653, Prestonsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,513 (100%) |
| Owner Occupied HU | 3,282 (59.5%) |
| Renter Occupied HU | 1,595 (28.9%) |
| Vacant Housing Units | 636 (11.5%) |
| Median Home Value | $138,043 |
| Average Home Value | $177,093 |
Housing Distribution
Address Breakdown
Residential
4,958
Single Family
4,878
Multi-Family
80
Businesses
654
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Listed by: Mary Wright • Re/Max Freedom
Mls Name: Eastern Kentucky AOR
Mls ID: #126967