1646 Prather DrNancyKY42544
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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 Nancy at 1646 Prather Dr, Nancy, KY, 42544 with 5% annual appreciation on a $329,900 basis while $2,252/mo rent supports operations. Total monthly income totals $2,252/mo and a $1,615/mo payment preserves $244/mo for cash returns. Annual cash flow comes to $2,926/yr on $109,362 deployed, and return on cash invested reaches 22.58% in year one. Equity gained on principal adds $2,129/yr, and five-year appreciation sums $91,145 alongside rental yield of 8.19%. Five-year ROI measures 117.05% and total cumulative return in cash totals $128,007.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,252/mo property income versus a $1,615/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42544, Nancy, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,904 (100%) |
| Owner Occupied HU | 2,120 (54.3%) |
| Renter Occupied HU | 480 (12.3%) |
| Vacant Housing Units | 1,304 (33.4%) |
| Median Home Value | $191,935 |
| Average Home Value | $236,939 |
Housing Distribution
Address Breakdown
Residential
2,871
Single Family
2,871
Multi-Family
0
Businesses
93
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Listed by: Jill Johnson • Eagle Realty & Development LLC
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25000545
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.