2731 E 40thPaintsvilleKY41240
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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
Investment property for sale in Paintsville at 2731 E 40th, Paintsville, KY, 41240 listed at $249,500 pairs $722/mo rent with a $1,221/mo payment. Total monthly income runs $722/mo. Return on cash invested measures 8.36% in year one, and rental yield registers 3.47% at a $249,500 basis. Equity gained on principal adds $1,610/yr, and annual property appreciation at 5% supports $68,932 by year five. Five-year ROI tracks 40.75% and total cumulative return in cash totals $33,705. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $722/mo property income relative to a $1,221/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1979
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41240, Paintsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 1,617 (51.6%) |
| Renter Occupied HU | 1,096 (35.0%) |
| Vacant Housing Units | 421 (13.4%) |
| Median Home Value | $183,031 |
| Average Home Value | $234,641 |
Housing Distribution
Address Breakdown
Residential
2,802
Single Family
2,633
Multi-Family
169
Businesses
473
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Listed by: Teresa Preston • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls ID: #126711