300 W 5th StElkhorn CityKY41522
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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 Elkhorn City at 300 W 5th St, Elkhorn City, KY, 41522 at $122,000 posts ROI 25.48% with $188/mo cash flow from $930/mo rent. Total monthly income equals $930/mo, and annual cash flow records $2,251/yr on $40,443 to close. Return on cash invested measures 25.48% and rental yield reads 9.15% at the current $122,000. Equity gained on principal adds $787/yr, and 5% annual appreciation supports $33,706 by year five. Five-year ROI prints 132.6% and total cumulative return in cash totals $53,627.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $930/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
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
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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.