463 State Route 993NippaKY41240
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 Nippa at 463 State Route 993, Nippa, KY, 41240 earns $482/mo cash flow from $1,748/mo rent with a $1,018/mo payment. Total monthly income totals $1,748/mo, and annual cash flow totals $5,786/yr on $68,952 capital. ROI tracks 28.3% on current figures, and rental yield reads 10.08% at a $208,000 purchase. Equity gained on principal adds $1,342/yr, and 5% annual appreciation supports $57,467 over five years. Five-year ROI reaches 147.77% and total cumulative return in cash sums $101,892. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,748/mo property income instead of your personal income.
Single Family
Built in 1979
0.65 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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