2257 Doc Ward RdSummersvilleKY42782
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 Summersville at 2257 Doc Ward Rd, Summersville, KY, 42782 offers a 3.7% rental yield on a $448,800 purchase with $1,385/mo rent. 05% in year one. Equity gained on principal adds $2,896/yr while 5% annual appreciation supports $123,995 over five years. Portfolio math shows five-year ROI at 44.48% and total cumulative return in cash at $66,169. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,385/mo property income against a $2,197/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
39.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42782, Summersville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 387 (100%) |
| Owner Occupied HU | 278 (71.8%) |
| Renter Occupied HU | 57 (14.7%) |
| Vacant Housing Units | 52 (13.4%) |
| Median Home Value | $141,667 |
| Average Home Value | $178,642 |
Housing Distribution
Address Breakdown
Residential
441
Single Family
441
Multi-Family
0
Businesses
14
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Listed by: Weldon Hawkins • Mayes Thompson Realty LLC
Mls Name: GLARMLS
Mls ID: #1701995