343 E Court StPrestonsburgKY41653
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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 Prestonsburg at 343 E Court St, Prestonsburg, KY, 41653 generates $2,483/mo in rent and, after a $1,594/mo payment, leaves $501/mo in cash flow. Total monthly income is $2,483/mo, and annual cash flow is $6,012/yr on $107,936 invested. Return on cash invested sits at 25.48% in year one, and rental yield is 9.15% on a $325,600 entry. Equity gained on principal adds $2,101/yr, while 5% annual appreciation builds toward $89,957 over five years. Five-year ROI reaches 132.56% and total cumulative return in cash sums $143,085. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,483/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41653, Prestonsburg, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,513 (100%) |
| Owner Occupied HU | 3,282 (59.5%) |
| Renter Occupied HU | 1,595 (28.9%) |
| Vacant Housing Units | 636 (11.5%) |
| Median Home Value | $138,043 |
| Average Home Value | $177,093 |
Housing Distribution
Address Breakdown
Residential
4,958
Single Family
4,878
Multi-Family
80
Businesses
654
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Listed by: Ellen Harris • Century 21 American Way Realty
Mls Name: Imagine MLS
Mls ID: #25018327