300 W 5th StElkhorn CityKY41522
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThe cash-flow margin at 300 W 5th St, Elkhorn City, KY, 41522 in Elkhorn City is narrow, $187/mo net on $930/mo rent after the $549/mo debt service, but the property operates at break-even-plus, not a loss. At $122,000 with a 9.15% yield, the long-run equity case via 5% appreciation ($33,706 over five years) and $1,124/yr in principal paydown is where the returns accumulate. Ziffy Mortgage's 1.69 DSCR loan requires no W-2s or U.S. credit. Total projected cumulative return: $58,266.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 9.2% | 8.0% |
| Monthly Cash Flow | $187 | $800 |
City averages based on Elkhorn City market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $930 |
| Total Monthly Debt Service | $694 |
| DSCR Ratio | 1.34x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1959
8,712 sqft 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
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
Single Family
Built in 1959
8,712 sqft 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brianna Corum • Valley Agency, Inc.
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124146
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.