250 State Highway 1108ParksvilleKY40464
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 Parksville at 250 State Highway 1108, Parksville, KY, 40464 uses $104,423 cash to close to unlock $4,939/yr annual cash flow and $412/mo monthly cash flow. Total monthly income runs $2,329/mo, and a $1,542/mo payment keeps the spread at $412/mo. Purchase price stands at $315,000, and rental yield measures 8.87% with $2,329/mo rent. Return on cash invested shows 24.64% in year one, and 5% annual appreciation builds toward $87,029 over five years. Five-year ROI reaches 128.09% and total cumulative return in cash records $133,757. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,329/mo property income covering a $1,542/mo payment rather than investor’s personal income.
Single Family
Built in 1987
3.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40464, Parksville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 547 (100%) |
| Owner Occupied HU | 429 (78.4%) |
| Renter Occupied HU | 76 (13.9%) |
| Vacant Housing Units | 42 ( 7.7%) |
| Median Home Value | $211,161 |
| Average Home Value | $265,408 |
Housing Distribution
Address Breakdown
Residential
436
Single Family
436
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kaye S Barber • Dexter Real Estate
Mls Name: Imagine MLS
Mls ID: #25501088