317 Pig Skin RdStearnsKY42647
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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 Stearns at 317 Pig Skin Rd, Stearns, KY, 42647 uses $49,692 cash to close to unlock $4,216/yr annual cash flow and $351/mo monthly cash flow. Total monthly income runs $1,264/mo, and a $734/mo payment keeps the spread at $351/mo. Purchase price stands at $149,900, and rental yield measures 10.12% with $1,264/mo rent. Return on cash invested shows 28.39% in year one, and 5% annual appreciation builds toward $41,415 over five years. Five-year ROI reaches 148.25% and total cumulative return in cash records $73,667. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,264/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1974
1.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42647, Stearns, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,709 (100%) |
| Owner Occupied HU | 1,152 (67.4%) |
| Renter Occupied HU | 343 (20.1%) |
| Vacant Housing Units | 214 (12.5%) |
| Median Home Value | $101,594 |
| Average Home Value | $132,556 |
Housing Distribution
Address Breakdown
Residential
1,168
Single Family
1,168
Multi-Family
0
Businesses
45
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Listed by: Millie King Weaver • Lake Cumberland Real Estate Professionals
Mls Name: Bluegrass REALTORS
Mls Provider:
Mls ID: #24020901
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.