35 State Route 853White PlainsKY42464
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 White Plains at 35 State Route 853, White Plains, KY, 42464 listed at $184,900 pairs $1,616/mo rent with a $905/mo payment to leave $491/mo cash flow. Total monthly income runs $1,616/mo, and annual cash flow reaches $5,888/yr on $61,294 cash to close. Return on cash invested measures 29.51% in year one, and rental yield registers 10.49% at a $184,900 basis. Equity gained on principal adds $1,193/yr, and annual property appreciation at 5% supports $51,084 by year five. Five-year ROI tracks 154.24% and total cumulative return in cash totals $94,543. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,616/mo property income relative to a $905/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
1.03 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42464, White Plains, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 778 (100%) |
| Owner Occupied HU | 606 (77.9%) |
| Renter Occupied HU | 101 (13.0%) |
| Vacant Housing Units | 71 ( 9.1%) |
| Median Home Value | $123,387 |
| Average Home Value | $151,366 |
Housing Distribution
Address Breakdown
Residential
714
Single Family
714
Multi-Family
0
Businesses
13
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kevin Wright • Wright Choice of Kentucky Realty & Auction
Mls Name: My State MLS
Mls ID: #11590820