245 Hatcher StElkhorn CityKY41522
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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 Elkhorn City at 245 Hatcher St, Elkhorn City, KY, 41522 offers $1,399/mo rent that, after a $881/mo payment, leaves $304/mo cash flow. Total monthly income is $1,399/mo, and annual cash flow is $3,642/yr on $59,670 cash. Return on cash invested measures 26.01% in year one, and rental yield stands at 9.33% at a $180,000 entry. Equity gained on principal adds $1,162/yr while 5% annual appreciation compounds into $49,731 by year five. Five-year ROI records 135.47% and total cumulative return in cash reaches $80,837. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,399/mo property income versus a $881/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41522, Elkhorn City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,449 (100%) |
| Owner Occupied HU | 1,598 (65.3%) |
| Renter Occupied HU | 431 (17.6%) |
| Vacant Housing Units | 420 (17.1%) |
| Median Home Value | $106,178 |
| Average Home Value | $147,963 |
Housing Distribution
Address Breakdown
Residential
1,241
Single Family
1,241
Multi-Family
0
Businesses
73
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Listed by: N/A • N/A
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