238 Memory LnWhitesburgKY41858
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 Whitesburg at 238 Memory Ln, Whitesburg, KY, 41858 with 5% annual appreciation on a $169,900 basis while $1,176/mo rent supports operations. Total monthly income totals $1,176/mo and a $832/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,698/yr on $56,322 deployed, and return on cash invested reaches 22.92% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 8.31%. Five-year ROI measures 118.91% and total cumulative return in cash totals $66,974.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,176/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1968
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41858, Whitesburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,671 (100%) |
| Owner Occupied HU | 2,290 (62.4%) |
| Renter Occupied HU | 829 (22.6%) |
| Vacant Housing Units | 552 (15.0%) |
| Median Home Value | $106,187 |
| Average Home Value | $164,928 |
Housing Distribution
Address Breakdown
Residential
2,745
Single Family
2,697
Multi-Family
48
Businesses
309
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Bennett J. Adams • eXp Realty LLC
Mls Name: Eastern Kentucky AOR
Mls ID: #127073