209 2nd StPaintsvilleKY41240
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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 Paintsville at 209 2nd St, Paintsville, KY, 41240 priced at $145,000 pairs $722/mo rent with after a $710/mo payment. Total monthly income equals $722/mo. Return on cash invested is 15.89% in year one, and rental yield stands at 5.98% on a $145,000 basis. Equity gained on principal adds $936/yr, and 5% annual appreciation accumulates to $40,061 by year five. Five-year ROI measures 81.25% and total cumulative return in cash reaches $39,056. For financing, Ziffy Mortgage’s DSCR program evaluates $722/mo property income against a $710/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41240, Paintsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 1,617 (51.6%) |
| Renter Occupied HU | 1,096 (35.0%) |
| Vacant Housing Units | 421 (13.4%) |
| Median Home Value | $183,031 |
| Average Home Value | $234,641 |
Housing Distribution
Address Breakdown
Residential
2,802
Single Family
2,633
Multi-Family
169
Businesses
473
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Listed by: Ellen Harris • Century 21 American Way Realty
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25006489
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.