6344 Highway 160 SLittcarrKY41834
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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 Littcarr at 6344 Highway 160 S, Littcarr, KY, 41834 uses $85,859 cash to close to unlock $3,496/yr annual cash flow and $291/mo monthly cash flow. Total monthly income runs $1,868/mo, and a $1,268/mo payment keeps the spread at $291/mo. Purchase price stands at $259,000, and rental yield measures 8.65% with $1,868/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $71,557 over five years. Five-year ROI reaches 124.58% and total cumulative return in cash records $106,960. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,868/mo property income covering a $1,268/mo payment rather than investor’s personal income.
Single Family
Built in 1993
1.45 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 41834, Littcarr, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 231 (100%) |
| Owner Occupied HU | 155 (67.1%) |
| Renter Occupied HU | 57 (24.7%) |
| Vacant Housing Units | 19 ( 8.2%) |
| Median Home Value | $120,833 |
| Average Home Value | $109,371 |
Housing Distribution
Address Breakdown
Residential
78
Single Family
78
Multi-Family
0
Businesses
4
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Listed by: Michelle Jones • Re/Max Legacy Group-Hazard
Mls Name: Eastern Kentucky AOR
Mls Provider:
Mls ID: #124979
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.