1343 Palisades DrEddyvilleKY42038
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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
Rental property for sale in Eddyville at 1343 Palisades Dr, Eddyville, KY, 42038 priced at $179,000 pairs $1,633/mo rent with $544/mo cash flow after a $876/mo payment. Total monthly income equals $1,633/mo, and annual cash flow comes to $6,524/yr on $59,339 invested. Return on cash invested is 30.9% in year one, and rental yield stands at 10.95% on a $179,000 basis. Equity gained on principal adds $1,155/yr, and 5% annual appreciation accumulates to $49,454 by year five. Five-year ROI measures 161.69% and total cumulative return in cash reaches $95,943. For financing, Ziffy Mortgage’s DSCR program evaluates $1,633/mo property income against a $876/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
0.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42038, Eddyville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,973 (100%) |
| Owner Occupied HU | 1,601 (53.9%) |
| Renter Occupied HU | 460 (15.5%) |
| Vacant Housing Units | 912 (30.7%) |
| Median Home Value | $255,702 |
| Average Home Value | $304,586 |
Housing Distribution
Address Breakdown
Residential
2,391
Single Family
2,391
Multi-Family
0
Businesses
225
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Listed by: Carly Copeland Prince • Park Avenue Properties
Mls Name: WKRMLS
Mls ID: #128041
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.