303 Spruce StPinevilleKY40977
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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 303 Spruce St, Pineville, KY, 40977 earns $232/mo cash flow from $1,327/mo rent with a $881/mo payment. Total monthly income totals $1,327/mo, and annual cash flow totals $2,778/yr on $59,670 capital. ROI tracks 24.56% on current figures, and rental yield reads 8.85% at a $180,000 purchase. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 over five years. Five-year ROI reaches 127.71% and total cumulative return in cash sums $76,205. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,327/mo property income instead of your personal income.
Single Family
Built in 1946
N/A 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: Vicki Bland • RENEE DOBSON REALTY GROUP, LLC
Mls Name: HKMLS
Mls Provider:
Mls ID: #HK25003910
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.