5638 E Rte #40MeallyKY41234
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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 Meally at 5638 E Rte #40, Meally, KY, 41234 generates $763/mo in rent and, after a $489/mo payment, leaves $155/mo in cash flow. Total monthly income is $763/mo, and annual cash flow is $1,858/yr on $33,150 invested. Return on cash invested sits at 25.51% in year one, and rental yield is 9.16% on a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 132.79% and total cumulative return in cash sums $44,020. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $763/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
2 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: Cliff Bennett • Redd, Brown & Williams Real Estate Services(Paint)
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #123766
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.