302 S Cherry StPinevilleKY40977
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayThe investment thesis at 302 S Cherry St, Pineville, KY, 40977 in Pineville is capital appreciation. Rental yield 0%. The 0% gross yield at $110,000 falls below cash-flow thresholds, but 5% annual value growth is forecast to deliver $30,391 in additional equity by year five, an equity gain that can outpace many higher-yield markets. Ziffy Mortgage finances appreciation-play assets via DSCR (0.00) without U.S. credit history; structure with a larger down payment to optimise coverage.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $150 |
City averages based on Pineville market data in our database. Property projections are estimates.
Single Family
Built in 1951
8,712 sqft 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 1951
8,712 sqft 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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices