311 Catalpa 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
Rental property for sale in Pineville at 311 Catalpa St, Pineville, KY, 40977 generates $1,867/mo in rent and, after a $1,174/mo payment, leaves $407/mo in cash flow. Total monthly income is $1,867/mo, and annual cash flow is $4,885/yr on $79,527 invested. Return on cash invested sits at 26.05% in year one, and rental yield is 9.34% on a $239,900 entry. Equity gained on principal adds $1,548/yr, while 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 135.69% and total cumulative return in cash sums $107,911. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,867/mo property income rather than buyer’s personal income.
Single Family
Built in 1934
0.50 Acres 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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