306 Fm Stafford AvePaintsvilleKY41240
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
Investment Highlights
Rental property for sale in Paintsville at 306 Fm Stafford Ave, Paintsville, KY, 41240 priced at $229,000 converts $1,759/mo rent into $365/mo cash flow after a $1,121/mo obligation. Total monthly income equals $1,759/mo, and annual cash flow totals $4,381/yr on $75,914 invested. Return on cash invested prints 25.68% in year one, and rental yield reads 9.22% against a $229,000 entry. Equity gained on principal adds $1,478/yr, while 5% annual appreciation compiles into $63,268 by year five. Five-year ROI reaches 133.71% and total cumulative return in cash sums $101,501. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,759/mo property income covering a $1,121/mo payment, not borrower’s personal income.
Single Family
Built in 2004
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41240, Paintsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 1,617 (51.6%) |
| Renter Occupied HU | 1,096 (35.0%) |
| Vacant Housing Units | 421 (13.4%) |
| Median Home Value | $183,031 |
| Average Home Value | $234,641 |
Housing Distribution
Address Breakdown
Residential
2,802
Single Family
2,633
Multi-Family
169
Businesses
473
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Teresa Preston • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls ID: #123937