147 Walnut StPikevilleKY41501
Nearby investment properties with comparable rents
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
Investment property for sale in Pikeville at 147 Walnut St, Pikeville, KY, 41501 offers a 5.14% rental yield on a $420,000 purchase with $1,800/mo rent. 39% in year one. Equity gained on principal adds $2,710/yr while 5% annual appreciation supports $116,038 over five years. Portfolio math shows five-year ROI at 67.76% and total cumulative return in cash at $94,339. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,800/mo property income against a $2,056/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1962
0.40 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Brown Day • REDD, BROWN & WILLIAMS Real Estate Services(Pike)
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #125241
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.