410 Cave FrkNippaKY41240
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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
Rental property for sale in Nippa at 410 Cave Frk, Nippa, KY, 41240 generates $722/mo in rent, after a $734/mo payment. Total monthly income is $722/mo. Return on cash invested sits at 15.31% in year one, and rental yield is 5.78% on a $150,000 entry. Equity gained on principal adds $968/yr, while 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 78.08% and total cumulative return in cash sums $38,826. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $722/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41240, Paintsville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,134 (100%) |
| Owner Occupied HU | 1,617 (51.6%) |
| Renter Occupied HU | 1,096 (35.0%) |
| Vacant Housing Units | 421 (13.4%) |
| Median Home Value | $183,031 |
| Average Home Value | $234,641 |
Housing Distribution
Address Breakdown
Residential
2,802
Single Family
2,633
Multi-Family
169
Businesses
473
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