197 E Cedar DrPikevilleKY41501
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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
Rental property for sale in Pikeville at 197 E Cedar Dr, Pikeville, KY, 41501 generates $3,110/mo in rent and, after a $2,264/mo payment, leaves $295/mo in cash flow. Total monthly income is $3,110/mo, and annual cash flow is $3,538/yr on $153,319 invested. Return on cash invested sits at 22.22% in year one, and rental yield is 8.07% on a $462,500 entry. Equity gained on principal adds $2,984/yr, while 5% annual appreciation builds toward $127,780 over five years. Five-year ROI reaches 115.08% and total cumulative return in cash sums $176,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,110/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
0.68 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
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