214 Sally Stephens BrPrestonsburgKY41653
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 Prestonsburg at 214 Sally Stephens Br, Prestonsburg, KY, 41653 priced at $160,000 converts $840/mo rent into after a $783/mo obligation. Total monthly income equals $840/mo. Return on cash invested prints 16.88% in year one, and rental yield reads 6.3% against a $160,000 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation compiles into $44,205 by year five. Five-year ROI reaches 86.54% and total cumulative return in cash sums $45,902. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $783/mo payment, not borrower’s personal income.
Single Family
Built in 1981
5 Acres 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: Stephanie Wallace • Century 21 American Way Realty
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #125080
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.