184 & E #APrestonsburgKY41653
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 Prestonsburg at 184 & E #A, Prestonsburg, KY, 41653 uses $36,134 cash to close to unlock $2,113/yr annual cash flow and $176/mo monthly cash flow. Total monthly income runs $840/mo, and a $534/mo payment keeps the spread at $176/mo. Purchase price stands at $109,000, and rental yield measures 9.25% with $840/mo rent. Return on cash invested shows 25.76% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 134.2% and total cumulative return in cash records $48,490. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $840/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41653, Prestonsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,513 (100%) |
| Owner Occupied HU | 3,282 (59.5%) |
| Renter Occupied HU | 1,595 (28.9%) |
| Vacant Housing Units | 636 (11.5%) |
| Median Home Value | $138,043 |
| Average Home Value | $177,093 |
Housing Distribution
Address Breakdown
Residential
4,958
Single Family
4,878
Multi-Family
80
Businesses
654
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mary Wright • Re/Max Freedom
Mls Name: Eastern Kentucky AOR
Mls ID: #126871