3220 State Route 3CatlettsburgKY41129
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
Investment property for sale in Catlettsburg at 3220 State Route 3, Catlettsburg, KY, 41129 earns from $2,060/mo rent with a $2,785/mo payment. Total monthly income totals $2,060/mo. ROI tracks 11.07% on current figures, and rental yield reads 4.34% at a $569,000 purchase. Equity gained on principal adds $3,672/yr, and 5% annual appreciation supports $157,204 over five years. Five-year ROI reaches 55.25% and total cumulative return in cash sums $103,427. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,060/mo property income instead of your personal income.
Single Family
Built in 2001
20.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41129, Catlettsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,176 (100%) |
| Owner Occupied HU | 2,953 (70.7%) |
| Renter Occupied HU | 722 (17.3%) |
| Vacant Housing Units | 501 (12.0%) |
| Median Home Value | $178,027 |
| Average Home Value | $224,248 |
Housing Distribution
Address Breakdown
Residential
3,831
Single Family
3,731
Multi-Family
100
Businesses
224
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: D Michelle Euton Miller • Keller Williams Bluegrass Realty
Mls Name: GPABR
Mls ID: #152497
Disclaimer: Copyright Greater Portsmouth Area Board of Realtors. All rights reserved. Information is deemed reliable but not guaranteed.