352 E Chloe Ridge DrPikevilleKY41501
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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 Pikeville at 352 E Chloe Ridge Dr, Pikeville, KY, 41501 uses $164,756 cash to close to unlock $12,609/yr annual cash flow and $1,051/mo monthly cash flow. Total monthly income runs $4,076/mo, and a $2,433/mo payment keeps the spread at $1,051/mo. Purchase price stands at $497,000, and rental yield measures 9.84% with $4,076/mo rent. Return on cash invested shows 27.56% in year one, and 5% annual appreciation builds toward $137,312 over five years. Five-year ROI reaches 143.74% and total cumulative return in cash records $236,822. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,076/mo property income covering a $2,433/mo payment rather than investor’s personal income.
Single Family
Built in 2012
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41501, Pikeville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,752 (100%) |
| Owner Occupied HU | 5,995 (55.8%) |
| Renter Occupied HU | 3,332 (31.0%) |
| Vacant Housing Units | 1,425 (13.3%) |
| Median Home Value | $193,211 |
| Average Home Value | $239,119 |
Housing Distribution
Address Breakdown
Residential
9,988
Single Family
9,497
Multi-Family
491
Businesses
969
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