289 E Cumberland AveJamestownKY42629
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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 Jamestown at 289 E Cumberland Ave, Jamestown, KY, 42629 priced at $130,000 pairs $1,818/mo rent with $1,027/mo cash flow after a $636/mo payment. Total monthly income equals $1,818/mo, and annual cash flow comes to $12,325/yr on $43,095 invested. Return on cash invested is 48.51% in year one, and rental yield stands at 16.78% on a $130,000 basis. Equity gained on principal adds $839/yr, and 5% annual appreciation accumulates to $35,917 by year five. Five-year ROI measures 256.18% and total cumulative return in cash reaches $110,403. For financing, Ziffy Mortgage’s DSCR program evaluates $1,818/mo property income against a $636/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in N/A
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42629, Jamestown, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,138 (100%) |
| Owner Occupied HU | 1,576 (50.2%) |
| Renter Occupied HU | 532 (17.0%) |
| Vacant Housing Units | 1,030 (32.8%) |
| Median Home Value | $215,183 |
| Average Home Value | $266,413 |
Housing Distribution
Address Breakdown
Residential
2,280
Single Family
2,240
Multi-Family
40
Businesses
167
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Listed by: Debbie Loy Wilson • Lake Cumberland Properties, Ltd. Co.
Mls Name: Imagine MLS
Mls Provider:
Mls ID: #25012446
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.