147 Walnut StPikevilleKY41501
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayNot all U.S. investment properties are valued for current income. 147 Walnut St, Pikeville, KY, 41501 in Pikeville at $420,000, 5.14% gross yield, is a market-growth asset. Rental yield 5.14%. The $1,800/mo rent partially funds the $1,889/mo debt service; the core return is the 5%/yr price growth projected to add $116,038 over five years. Ziffy Mortgage's DSCR mortgage (0.95) provides financing for foreign nationals without domestic income checks. A 30–35% down payment often produces the cleanest coverage for low-yield properties. Total five-year return: $110,413.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 5.1% | 7.0% |
| Monthly Cash Flow | $(756) | $300 |
City averages based on Pikeville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,800 |
| Total Monthly Debt Service | $2,389 |
| DSCR Ratio | 0.75x |
Ziffy Mortgage typically prefers a DSCR of 1.0+, but in some cases you may qualify with a DSCR below 1. To explore if this deal qualifies for an investment mortgage, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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.