145 State Park Rd #B-3JamestownKY42629
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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 Jamestown at 145 State Park Rd #B-3, Jamestown, KY, 42629 uses $49,394 cash to close to unlock $713/yr annual cash flow and $59/mo monthly cash flow. Total monthly income runs $1,191/mo, and a $729/mo payment keeps the spread at $59/mo. Purchase price stands at $149,000, and rental yield measures 9.59% with $1,191/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $41,166 over five years. Five-year ROI reaches 112.49% and total cumulative return in cash records $55,564. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,191/mo property income covering a $729/mo payment rather than investor’s personal income.
Condo
Built in 1978
N/A lot
$N/A/sqft
$225 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42629, Jamestown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 1,576 (50.2%) |
| Renter Occupied HU | 532 (17.0%) |
| Vacant Housing Units | 1,030 (32.8%) |
| Median Home Value | $215,183 |
| Average Home Value | $266,413 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,240
Multi-Family
40
Businesses
167
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Listed by: Donna Gregorich • Century 21 Advantage Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24012744
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.