4615 State Route 40 EMeallyKY41234
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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
Investment property for sale in Meally at 4615 State Route 40 E, Meally, KY, 41234 earns $1,128/mo cash flow from $2,522/mo rent with a $1,121/mo payment. Total monthly income totals $2,522/mo, and annual cash flow totals $13,537/yr on $75,914 capital. ROI tracks 37.74% on current figures, and rental yield reads 13.22% at a $229,000 purchase. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 over five years. Five-year ROI reaches 198.39% and total cumulative return in cash sums $150,605. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,522/mo property income instead of your personal income.
Single Family
Built in 2003
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41234, Meally, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 246 (100%) |
| Owner Occupied HU | 161 (65.4%) |
| Renter Occupied HU | 33 (13.4%) |
| Vacant Housing Units | 52 (21.1%) |
| Median Home Value | $195,833 |
| Average Home Value | $277,298 |
Housing Distribution
Address Breakdown
Residential
143
Single Family
143
Multi-Family
0
Businesses
3
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Listed by: Michelle Jones • Re/Max Legacy Group-Hazard
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #123672
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.