200 Tim Stephens RdStearnsKY42647
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 Stearns at 200 Tim Stephens Rd, Stearns, KY, 42647 priced at $179,000 converts $1,622/mo rent into $533/mo cash flow after a $876/mo obligation. Total monthly income equals $1,622/mo, and annual cash flow totals $6,392/yr on $59,339 invested. Return on cash invested prints 30.68% in year one, and rental yield reads 10.87% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 160.49% and total cumulative return in cash sums $95,235. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,622/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 1943
1.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42647, Stearns, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 343 (20.1%) |
| Vacant Housing Units | 214 (12.5%) |
| Median Home Value | $101,594 |
| Average Home Value | $132,556 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
45
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: The Millie Weaver Team - Millie Weaver • Lake Cumberland Real Estate Professionals
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25009404
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.