22 Clark DrPrestonsburgKY41653
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
Investment property for sale in Prestonsburg at 22 Clark Dr, Prestonsburg, KY, 41653 uses $51,383 cash to close to unlock $6,267/yr annual cash flow and $522/mo monthly cash flow. Total monthly income runs $1,466/mo, and a $759/mo payment keeps the spread at $522/mo. Purchase price stands at $155,000, and rental yield measures 11.35% with $1,466/mo rent. Return on cash invested shows 32.11% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 168.16% and total cumulative return in cash records $86,404. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,466/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1983
0.98 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: Vickie P Oldfield • Paragon Realty Partners
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #24023713
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.