17 Freeman RdEast PtKY41216
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
Rental property for sale in East Pt at 17 Freeman Rd, East Pt, KY, 41216 offers $1,343/mo rent that, after a $954/mo payment, leaves $157/mo cash flow. Total monthly income is $1,343/mo, and annual cash flow is $1,879/yr on $64,643 cash. Return on cash invested measures 22.82% in year one, and rental yield stands at 8.26% at a $195,000 entry. Equity gained on principal adds $1,258/yr while 5% annual appreciation compounds into $53,875 by year five. Five-year ROI records 118.32% and total cumulative return in cash reaches $76,486. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,343/mo property income versus a $954/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2004
2 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41216, East Point, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 581 (100%) |
| Owner Occupied HU | 404 (69.5%) |
| Renter Occupied HU | 103 (17.7%) |
| Vacant Housing Units | 74 (12.7%) |
| Median Home Value | $183,974 |
| Average Home Value | $206,200 |
Housing Distribution
Address Breakdown
Residential
508
Single Family
508
Multi-Family
0
Businesses
3
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Listed by: Brianna Corum • Valley Agency, Inc.
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124745
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.