39300 State Highway 194 EPhelpsKY41553
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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 Phelps at 39300 State Highway 194 E, Phelps, KY, 41553 offers a 0% rental yield on a $151,000 purchase with $0/mo rent. 12% in year one. Equity gained on principal adds $974/yr while 5% annual appreciation supports $41,719 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $739/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1993
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41553, Phelps, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,163 (100%) |
| Owner Occupied HU | 704 (60.5%) |
| Renter Occupied HU | 210 (18.1%) |
| Vacant Housing Units | 249 (21.4%) |
| Median Home Value | $117,568 |
| Average Home Value | $145,579 |
Housing Distribution
Address Breakdown
Residential
744
Single Family
744
Multi-Family
0
Businesses
41
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices