366 N Highland AvePrestonsburgKY41653
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 Prestonsburg at 366 N Highland Ave, Prestonsburg, KY, 41653 with 5% annual appreciation on a $249,500 basis while $2,210/mo rent supports operations. Total monthly income totals $2,210/mo and a $1,221/mo payment preserves $692/mo for cash returns. Annual cash flow comes to $8,300/yr on $82,709 deployed, and return on cash invested reaches 29.94% in year one. Equity gained on principal adds $1,610/yr, and five-year appreciation sums $68,932 alongside rental yield of 10.63%. Five-year ROI measures 156.52% and total cumulative return in cash totals $129,453.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,210/mo property income versus a $1,221/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Multi Family
Built in 1950
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Cliff Bennett • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls ID: #124944