2836 Highway 987 Laurel HlPinevilleKY40977
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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 Pineville at 2836 Highway 987 Laurel Hl, Pineville, KY, 40977 offers a 4.45% rental yield on a $339,900 purchase with $1,261/mo rent. 3% in year one. Equity gained on principal adds $2,193/yr while 5% annual appreciation supports $93,908 over five years. Portfolio math shows five-year ROI at 56.55% and total cumulative return in cash at $63,719. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,261/mo property income against a $1,664/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 2013
4.13 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 40977, Pineville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,606 (100%) |
| Owner Occupied HU | 2,217 (61.5%) |
| Renter Occupied HU | 956 (26.5%) |
| Vacant Housing Units | 433 (12.0%) |
| Median Home Value | $87,516 |
| Average Home Value | $121,083 |
Housing Distribution
Address Breakdown
Residential
3,231
Single Family
3,092
Multi-Family
139
Businesses
204
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Listed by: Kevin Bisceglia • Coldwell Banker Bisceglia Realty & Auction Co
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25501920
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.