360 Oak StIslandKY42350
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 360 Oak St, Island, KY, 42350 in Island is priced for capital growth, not immediate cash flow. The $157,900 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $43,625 by year five, with $1,324/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 8.0% |
| Monthly Cash Flow | $0 | $850 |
City averages based on Island market data in our database. Property projections are estimates.
Manufactured
Built in 1977
0.39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42350, Island, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 574 (100%) |
| Owner Occupied HU | 426 (74.2%) |
| Renter Occupied HU | 89 (15.5%) |
| Vacant Housing Units | 59 (10.3%) |
| Median Home Value | $170,082 |
| Average Home Value | $159,859 |
Housing Distribution
Address Breakdown
Residential
548
Single Family
548
Multi-Family
0
Businesses
16
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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
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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