171 Main StWhitley CityKY42653
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 Whitley City at 171 Main St, Whitley City, KY, 42653 priced at $139,900 pairs $1,537/mo rent with $685/mo cash flow after a $685/mo payment. Total monthly income equals $1,537/mo, and annual cash flow comes to $8,223/yr on $46,377 invested. Return on cash invested is 37.64% in year one, and rental yield stands at 13.18% on a $139,900 basis. Equity gained on principal adds $903/yr, and 5% annual appreciation accumulates to $38,652 by year five. Five-year ROI measures 197.87% and total cumulative return in cash reaches $91,767. For financing, Ziffy Mortgage’s DSCR program evaluates $1,537/mo property income against a $685/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42653, Whitley City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,212 (59.4%) |
| Renter Occupied HU | 562 (27.5%) |
| Vacant Housing Units | 266 (13.0%) |
| Median Home Value | $105,423 |
| Average Home Value | $130,584 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,357
Multi-Family
0
Businesses
169
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Listed by: Dustin Winchester • Weichert Realtors Ford Brothers, Inc.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25015242
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.