45 Cedar EstPrestonsburgKY41653
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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 Prestonsburg at 45 Cedar Est, Prestonsburg, KY, 41653 priced at $100,000 converts $840/mo rent into $232/mo cash flow after a $489/mo obligation. Total monthly income equals $840/mo, and annual cash flow totals $2,782/yr on $33,150 invested. Return on cash invested prints 28.3% in year one, and rental yield reads 10.08% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 147.7% and total cumulative return in cash sums $48,964. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $840/mo property income covering a $489/mo payment, not borrower’s personal income.
Single Family
Built in 1980
9.90 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
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Listed by: Rosalee Castle • United Real Estate Bluegrass
Mls Name: Eastern Kentucky AOR
Mls ID: #126491