341 Godsey AveWhitley CityKY42653
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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 Whitley City at 341 Godsey Ave, Whitley City, KY, 42653 generates $1,760/mo in rent, after a $2,324/mo payment. Total monthly income is $1,760/mo. Return on cash invested sits at 11.3% in year one, and rental yield is 4.45% on a $474,900 entry. Equity gained on principal adds $3,064/yr, while 5% annual appreciation builds toward $131,206 over five years. Five-year ROI reaches 56.54% and total cumulative return in cash sums $89,015. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1988
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42653, Whitley City, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,040 (100%) |
| Owner Occupied HU | 1,212 (59.4%) |
| Renter Occupied HU | 562 (27.5%) |
| Vacant Housing Units | 266 (13.0%) |
| Median Home Value | $105,423 |
| Average Home Value | $130,584 |
Housing Distribution
Address Breakdown
Residential
1,357
Single Family
1,357
Multi-Family
0
Businesses
169
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Listed by: Bradley Bigelow • CENTURY 21 Advantage Realty
Mls Name: Imagine MLS
Mls ID: #25018013