205 Fields Way UNIT E1PikevilleKY41501
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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 205 Fields Way UNIT E1, Pikeville, KY, 41501 priced at $478,000 converts $3,400/mo rent into $432/mo cash flow after a $2,340/mo obligation. Total monthly income equals $3,400/mo, and annual cash flow totals $5,189/yr on $158,457 invested. Return on cash invested prints 23.18% in year one, and rental yield reads 8.54% against a $478,000 entry. Equity gained on principal adds $3,084/yr, while 5% annual appreciation compiles into $132,063 by year five. Five-year ROI reaches 120.44% and total cumulative return in cash sums $190,849. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,400/mo property income covering a $2,340/mo payment, not borrower’s personal income.
Townhouse
Built in 2008
N/A lot
$N/A/sqft
$58 monthly 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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