144 Homestead EstsTutor KeyKY41263
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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 Tutor Key at 144 Homestead Ests, Tutor Key, KY, 41263 offers a 8.03% rental yield on a $239,000 purchase with $1,599/mo rent. Total monthly income registers $1,599/mo, and a $1,170/mo payment leaves $144/mo available for distribution. Annual cash flow reaches $1,730/yr on $79,229 to close, and return on cash invested stands at 22.09% in year one. Equity gained on principal adds $1,542/yr while 5% annual appreciation supports $66,031 over five years. Portfolio math shows five-year ROI at 114.47% and total cumulative return in cash at $90,696. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,599/mo property income against a $1,170/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2012
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41263, Tutor Key, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 241 (100%) |
| Owner Occupied HU | 152 (63.1%) |
| Renter Occupied HU | 72 (29.9%) |
| Vacant Housing Units | 17 ( 7.1%) |
| Median Home Value | $122,727 |
| Average Home Value | $133,569 |
Housing Distribution
Address Breakdown
Residential
195
Single Family
195
Multi-Family
0
Businesses
0
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Listed by: Mary Wright • Re/Max Freedom
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124143
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.